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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 04/18/2019 | 04/18/2019 | Common Stock | 5,334 | 5,334 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 4.25 (2) | (2) | 09/07/2022 | Common Stock | 50,000 (2) | 50,000 (2) | D | ||||||||
Employee Stock Option (Right to Buy) | $ 5.25 (3) | 03/31/2017 | A | 0 | (3) | 08/09/2023 | Common Stock | 0 (3) | $ 0 | 50,000 (3) | D | ||||
Restricted Stock Units | (4) | 03/31/2017 | A | 7,259 | 03/16/2020 | 03/16/2020 | Common Stock | 7,259 | $ 0 | 14,518 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Hauvn Jens C/O IEC ELECTRONICS CORP. 105 NORTON STREET NEWARK, NY 14513 |
SVP, Operations |
/s/ Jens Hauvn | 04/04/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These restricted stock units each represent a contingent right to receive one share of common stock. |
(2) | This option was previously reported by Mr. Hauvn and vests 10% on 9/8/16, 20% on 9/8/17, 30% on 9/8/18 and 40% on 9/8/19, subject to Mr. Hauvn's continuous employment with the Company. |
(3) | This option was granted under the Company's 2010 Omnibus Incentive Compensation Plan in a transaction exempt under Rule 16b-3. Mr. Hauvn can exercise this option as follows: 10% on 8/9/17, 20% on 8/9/18, 30% on 8/9/19 and 40% on 8/9/20, subject to Mr. Hauvn's continuous employment with the Company. |
(4) | These restricted stock units, which each represent a contingent right to receive one share of common stock, were granted in a transaction exempt under Rule 16b-3. |