X0306 4 2018-01-02 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 2018-01-02 4 A 0 250 0 A 122475 D Represents common stock granted pursuant to the IES Holdings, Inc. ("IES") 2006 Equity Incentive Plan (as amended and restated through February 2016) upon Mr. Gendell electing to receive common stock in lieu of cash or Phantom Stock Units for that portion of his retainer. /s/Gail D. Makode, Attorney-in-Fact 2018-01-03