MOULTON EBEN S 4
4 · IEC ELECTRONICS CORP · Filed Feb 1, 2013
Insider Transaction Report
Form 4
MOULTON EBEN S
Director
Transactions
- Award
Common Stock
2013-01-30+3,743→ 344,475 total - Award
Common Stock
2013-01-30$6.68/sh+150$1,002→ 340,732 total
Footnotes (2)
- [F1]Stock issued pursuant to the Company's 2010 Omnibus Incentive Compensation Plan, in lieu of cash, in payment of director's fee for board meeting attendance; exempt under Rule 16(b)-3(d). A director is entitled to receive $1000 for each in-person meeting of the board attended. The number of shares is based upon the closing price of the Company's common stock on the date of the meeting (1/31/2013).
- [F2]Award of restricted stock under the Company's 2010 Omnibus Incentive Compensation Plan in a transaction exempt under Rule 16(b)-3(d). Shares vest in three annual installments (33%, 34%, 33%) commencing one year from the date of the award. The number of shares is based upon the closing price of the Company's common stock on the date of the meeting, 1/30/2013 ($6.68).