Home > Insider Trading > Filing (0001048268-21-000041)

Filing Details

Accession Number:: 0001048268-21-000041
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-11 17:19:47
Reporting Period:: 2021-03-09

Accepted Time:: 2021-03-11 17:19:47
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1048268	Ies Holdings Inc.	IESC	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
948904	Al Et L Jeffrey Gendell	1 Sound Shore Drive Greenwich CT 06830	Chief Executive Officer	Yes	Yes	Yes	No
1268959	Tontine Management Llc	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No
1272374	Tontine Capital Management Llc	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No
1276922	P L Partners Capital Tontine	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No
1409490	Tontine Capital Overseas Gp, Llc	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No
1482608	Tontine Capital Overseas Master Fund Ii, L.p.	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No
1482609	Tontine Asset Associates, L.l.c.	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No
1491514	Tontine Associates, Llc	1 Sound Shore Drive Greenwich CT 06830		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share	Disposition	2021-03-09	2,837	$52.93	11,635,367	No	4	S	Indirect	See Footnotes
Common Stock, Par Value $0.01 Per Share	Disposition	2021-03-10	9,663	$52.38	11,625,704	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

On March 9, 2021, TCP 2 (as defined herein) sold 2,837 shares of Common Stock at a weighted average price of $52.93 per share. These shares were sold in multiple transactions at prices ranging from $52.51 to $53.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
This report is filed jointly by Tontine Capital Partners, L.P., a Delaware limited partnership ("TCP"), Tontine Capital Management, L.L.C., a Delaware limited liability company ("TCM"), Tontine Management, L.L.C., a Delaware limited liability company ("TM"), Tontine Capital Overseas Master Fund II, L.P., a Delaware limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA"), Tontine Associates, L.L.C., a Delaware limited liability company ("TA"), Tontine Capital Overseas GP, L.L.C., a Delaware limited liability company ("TCO"), and Jeffrey L. Gendell ("Mr. Gendell"). Mr. Gendell is the managing member of: (a) TCM, the general partner of TCP; (b) TM; (c) TAA, the general partner of TCP 2; (d) TA; and (e) TCO.
TCP directly owns 5,642,723 shares of Common Stock, TCM directly owns 1,910,529 shares of Common Stock, TM directly owns 1,410,162 shares of Common Stock, TCP 2 directly owns 1,696,393 shares of Common Stock, TAA directly owns 96,891 shares of Common Stock, TA directly owns 642,057 shares of Common Stock, TCO directly owns 47,284 shares of Common Stock, Mr. Gendell directly owns 67,273 shares of Common Stock and 109,029 phantom stock units granted to him pursuant to the IES Holdings, Inc. 2006 Equity Incentive Plan, and Mr. Gendell's adult children own 3,363 shares of Common Stock through trusts for which Mr. Gendell acts as trustee. The total for Mr. Gendell's adult children excludes 44,755 shares of Common Stock directly owned by them that were previously reported by Mr. Gendell on Form 4.
All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell. The foregoing securities held by TCP may be deemed to be beneficially owned by TCM. The foregoing securities held by TCP 2 may be deemed to be beneficially owned by TAA.
Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TCM, TCP, TM, TCP 2, TAA, TA and TCO. TCM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TCM or representing TCM's pro rata interest in, and interest in the profits of, TCP.
TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2. TA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TA. TM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TM. TCO disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TCO.
On March 10, 2021, TCP 2 sold 9,663 shares of Common Stock at a weighted average price of $52.38 per share. These shares were sold in multiple transactions at prices ranging from $51.89 to $52.55, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.