Laurans A. Mendelson - Dec 27, 2021 Form 4 Insider Report for HEICO CORP (HEI)

Role
COB and CEO, Director, 10%+ Owner
Signature
/s/ Laurans A. Mendelson
Stock symbol
HEI
Transactions as of
Dec 27, 2021
Transactions value $
-$2,106,131
Form type
4
Date filed
12/29/2021, 04:02 PM
Previous filing
Nov 1, 2021
Next filing
Mar 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEI Common Stock Options Exercise $3.65M +40K +4.31% $91.13 968K Dec 27, 2021 Direct
transaction HEI Common Stock Tax liability -$4.47M -31.1K -3.21% $143.65 937K Dec 27, 2021 Direct
transaction HEI Common Stock Sale -$1.28M -8.87K -0.95% $144.25 928K Dec 28, 2021 Direct
holding HEI Class A Common Stock 15.1K Dec 27, 2021 Direct
holding HEI Common Stock 1.72M Dec 27, 2021 Owned by Partnership F1
holding HEI Common Stock 1.31M Dec 27, 2021 Owned by Partnership F2
holding HEI Class A Common Stock 210K Dec 27, 2021 Owned by Corporation F3
holding HEI Common Stock 1.69K Dec 27, 2021 By 401(k) F4
holding HEI Class A Common Stock 2.01K Dec 27, 2021 By 401(k) F4
holding HEI Common Stock 88.2K Dec 27, 2021 Owned by Charitable Foundation F5
holding HEI Class A Common Stock 9.59K Dec 27, 2021 Owned by Charitable Foundation F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HEI Option (Right to purchase Common Stock) Options Exercise $0 -40K -40% $0.00 60K Dec 27, 2021 Common Stock 40K $91.13 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares owned by LAM Limited Partners, a partnership whose sole general partner is a corporation controlled by Arlene Mendelson, the wife of the Reporting Person.
F2 Represents shares owned by LAM Alpha Limited Partners, a partnership whose sole general partner is a corporation controlled by the Reporting Person.
F3 Represents shares owned by Mendelson International Corporation, a corporation of which the Reporting Person is the Chairman of the Board. The Reporting Person disclaims beneficial ownership of securities held by Mendelson International Corporation.
F4 Represents shares held for the benefit of the Reporting Person by the HEICO Corporation 401(k), based on a plan statement dated December 27, 2021.
F5 Represents shares owned by the Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc., a non-profit Charitable Corporation.
F6 These options become exercisable 20% per year over five years from the date of Grant.