0000891839-21-000319.txt : 20211005 0000891839-21-000319.hdr.sgml : 20211005 20211005164742 ACCESSION NUMBER: 0000891839-21-000319 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211005 FILED AS OF DATE: 20211005 DATE AS OF CHANGE: 20211005 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schlarbaum Jeffrey T CENTRAL INDEX KEY: 0001291639 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34376 FILM NUMBER: 211307375 MAIL ADDRESS: STREET 1: 105 NORTON STREET CITY: NEWARK STATE: NY ZIP: 14513 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IEC ELECTRONICS CORP CENTRAL INDEX KEY: 0000049728 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 133458955 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 328 SILVER HILL RD CITY: NEWARK STATE: NY ZIP: 14513 BUSINESS PHONE: 3153317742 MAIL ADDRESS: STREET 1: 328 SILVER HILL RD CITY: NEWARK STATE: NY ZIP: 14513 FORMER COMPANY: FORMER CONFORMED NAME: INTERCONTINENTAL ELECTRONICS CORP DATE OF NAME CHANGE: 19730601 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2021-10-05 1 0000049728 IEC ELECTRONICS CORP IEC 0001291639 Schlarbaum Jeffrey T C/O IEC ELECTRONICS CORP. 328 SILVER HILL ROAD NEWARK NY 14513 1 1 0 0 President and CEO Common Stock 2021-10-05 4 U 0 92996 D 0 D Stock Option (Right to Buy) 4.1 2021-10-05 4 D 0 416145 11.25 D Common Stock 416145 0 D Restricted Stock Unit 0 2021-10-05 4 D 0 8966 D Common Stock 8966 0 D Restricted Stock Unit 0 2021-10-05 4 D 0 7191 D Common Stock 7191 0 D Restricted Stock Unit 0 2021-10-05 4 D 0 5424 D Common Stock 5424 0 D Performance Restricted Stock Unit 0 2021-10-05 4 D 0 53793 D Common Stock 53793 0 D Performance Restricted Stock Unit 0 2021-10-05 4 D 0 35953 D Common Stock 35953 0 D Performance Restricted Stock Unit 0 2021-10-05 4 D 0 21694 D Common Stock 21694 0 D Disposed of pursuant to the closing, on October 5, 2021, of a cash tender offer by Creation Technologies International Inc. ("Parent"), and its wholly-owned subsidiary, CTI Acquisition Corp. ("Merger Sub"), pursuant to which each outstanding share of the common stock of the Issuer was converted into the right to receive $15.35 per share, less any required withholding taxes. Upon consummation of the tender offer, each option was cancelled and converted into the right to receive the difference between $15.35 and the exercise price per share of the option, less any required withholding taxes. Upon consummation of the tender offer, each restricted stock unit fully vested and was cancelled and converted automatically into the right to receive $15.35 per share underlying the restricted stock unit, less any required withholding taxes. Performance Restricted Stock Units ("PSUs") that vested in connection with the tender offer were cancelled and converted into the right to receive $15.35 per share underlying the PSU, less any required withholding taxes. Jeffrey T. Schlarbaum 2021-10-05