X0306 4 2016-07-01 0 0001048268 IES Holdings, Inc. IESC 0001408176 Gendell David B. 1 SOUND SHORE DRIVE, SUITE 304 GREENWICH CT 06830 1 0 0 0 Common Stock 2016-07-01 4 A 0 1509 0 A 70030 D Represents Phantom Stock Units granted pursuant to the IES Holdings, Inc. (formerly known as Integrated Electrical Services, Inc.) 2006 Equity Incentive Plan (as amended and restated) upon Mr. Gendell electing to receive PSUs in lieu of a cash or common stock retainer. Each unit converts to one share of IES Holdings, Inc. common stock when Mr. Gendell leaves the board of directors for any reason. /s/ Gail D. Makode, Attorney-in-Fact 2016-07-05