Matthew J. Simmes - 03 Dec 2021 Form 4 Insider Report for IES Holdings, Inc. (IESC)

Role: Chief Operating Officer
Signature: /s/ Mary K. Newman, Attorney-in-Fact
Issuer symbol: IESC
Transactions as of: 03 Dec 2021
Transactions value $: $51,290
Form type: 4
Filing time: 15 Dec 2021, 16:51:13 UTC
Next filing: 06 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IESC	Common Stock	Award	$0	+50K	+526.93%	$0.00	59.5K	03 Dec 2021	Direct	F1
transaction	IESC	Common Stock	Purchase	$51.3K	+1K	+1.68%	$51.29	60.5K	07 Dec 2021	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Phantom Stock Units ("PSUs") granted pursuant to the IES Holdings, Inc. ("IES") 2006 Equity Incentive Plan as amended and restated through February 2016 to Mr. Simmes on December 3, 2021. Each PSU represents a contractual right in respect of one share of the Issuer's Common Stock. Such PSUs will vest, if at all, on or prior to December 3, 2026, subject to Mr. Simmes meeting certain service requirements and the Common Stock meeting certain trading price requirements.

Content

Represents Phantom Stock Units ("PSUs") granted pursuant to the IES Holdings, Inc. ("IES") 2006 Equity Incentive Plan as amended and restated through February 2016 to Mr. Simmes on December 3, 2021. Each PSU represents a contractual right in respect of one share of the Issuer's Common Stock. Such PSUs will vest, if at all, on or prior to December 3, 2026, subject to Mr. Simmes meeting certain service requirements and the Common Stock meeting certain trading price requirements.