SCHLARBAUM JEFFREY T (President and CEO) exercised options at IEC ELECTRONICS CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

SCHLARBAUM JEFFREY T

Filed: 3/18/2020ACC: 0000049728-20-000038

InsiderSCHLARBAUM JEFFREY TCIK 1291639

→

IssuerIEC ELECTRONICS CORPCIK 49728

DirectorOfficer· President and CEO

Since Apr 2019

-6.93K

Net shares

Net seller

$37.4K

Total sold

Open market trades

0B · 0S

Total transactions

17.02K acquired · 23.94K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+17.02K

Price / share

—

Trade value

—

% of position

100.8%

3/16/2020

16.88K→33.90K

Common Stock

Direct

F · Tax Withholding

−6.93K

Price / share

$5.40

Trade value

$37.40K

% of position

20.4%

3/16/2020

33.90K→26.97K

Total

Net shares

+10.09K

Net value

-$37.40K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/16/2020	M · Option Exercise	+17.02K	—	—	100.8%	16.88K	33.90K
Common Stock Direct	3/16/2020	F · Tax Withholding	−6.93K	$5.40	$37.40K	20.4%	33.90K	26.97K
Total			+10.09K		-$37.40K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

17.02K shares

−17.02K

Strike price

Held after

0.00

Exercisable

—

3/16/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock17.02K shares	3/16/2020	M · Option Exercise	−17.02K		—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

14.23K

Shares owned

14.23K

Exercise price

Expiration

—

Exercise window

—

Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

416.14K

Shares owned

416.14K

Exercise price

4.1

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

8.97K

Shares owned

8.97K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

7.19K

Shares owned

7.19K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

446.53K

Owned

446.53K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock		—	—	14.23K	14.23K
Stock Option (Right to Buy) Direct	Common Stock	4.1	—	—	416.14K	416.14K
Restricted Stock Units Direct	Common Stock		—	—	8.97K	8.97K
Restricted Stock Units Direct	Common Stock		—	—	7.19K	7.19K
Total					446.53K	446.53K