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: 3/17/2021ACC: 0000891839-21-000066

InsiderSCHLARBAUM JEFFREY TCIK 1291639

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IssuerIEC ELECTRONICS CORPCIK 49728

DirectorOfficer· President and CEO

Since Apr 2019

-5.66K

Net shares

Net seller

$77.2K

Total sold

Open market trades

0B · 0S

Total transactions

14.23K acquired · 19.89K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+14.23K

Price / share

—

Trade value

—

% of position

16.9%

3/15/2021

84.42K→98.66K

Common Stock

Direct

F · Tax Withholding

−5.66K

Price / share

$13.64

Trade value

$77.22K

% of position

5.7%

3/15/2021

98.66K→93K

Total

Net shares

+8.57K

Net value

-$77.22K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/15/2021	M · Option Exercise	+14.23K	—	—	16.9%	84.42K	98.66K
Common Stock Direct	3/15/2021	F · Tax Withholding	−5.66K	$13.64	$77.22K	5.7%	98.66K	93K
Total			+8.57K		-$77.22K

Derivative Transactions1

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

14.23K shares

−14.23K

Strike price

Held after

0.00

Exercisable

—

3/15/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock14.23K shares	3/15/2021	M · Option Exercise	−14.23K		—	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

7.19K

Shares owned

7.19K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

5.42K

Shares owned

5.42K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

8.97K

Shares owned

8.97K

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

—

Total

Underlying

437.73K

Owned

437.73K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock		—	—	7.19K	7.19K
Restricted Stock Units Direct	Common Stock		—	—	5.42K	5.42K
Restricted Stock Units Direct	Common Stock		—	—	8.97K	8.97K
Stock Option (Right to Buy) Direct	Common Stock	4.1	—	—	416.14K	416.14K
Total					437.73K	437.73K