X0306 4 2019-12-06 0 0001048268 IES Holdings, Inc. IESC 0001456922 McLauchlin Tracy 5433 WESTHEIMER, SUITE 500 HOUSTON TX 77056 0 1 0 0 SVP, CFO & Treasurer Common Stock 2019-12-06 4 A 0 11573 0.00 A 58319 D Common Stock 2019-12-06 4 F 0 4553 23.60 D 53766 D On February 6, 2019, Ms. McLauchlin was granted 41,667 performance units (the "Performance Units") pursuant to the IES Holdings, Inc. 2006 Equity Incentive Plan, as amended and restated (the "2006 Equity Incentive Plan"). Each Performance Unit represents a contractual right in respect of one share of the Issuer's common stock. The Performance Units vest, if at all, in three tranches upon the achievement of certain specified annual financial performance objectives and the continued performance of services through the applicable scheduled vesting date. On December 6, 2019, upon the filing of the Company's Annual Report on Form 10-K for its fiscal year ended September 30, 2019, the performance and service criteria for the first tranche of Performance Units was determined to have been fully met, resulting in vesting of 11,573 Performance Units under this award. Represents shares withheld to satisfy withholding tax liability resulting from the vesting of Performance Units delivered pursuant to the 2006 Equity Incentive Plan. /s/ Tracy A. McLauchlin 2019-12-09