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