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

Role
COB and CEO, Director, 10%+ Owner
Signature
/s/ Laurans A. Mendelson
Issuer symbol
HEI
Transactions as of
27 Dec 2021
Net transactions value
-$2,106,131
Form type
4
Filing time
29 Dec 2021, 16:02:40 UTC
Previous filing
01 Nov 2021
Next filing
25 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEI Common Stock Options Exercise $3,645,200 +40,000 +4.3% $91.13 968,394 27 Dec 2021 Direct
transaction HEI Common Stock Tax liability $4,471,968 -31,131 -3.2% $143.65 937,263 27 Dec 2021 Direct
transaction HEI Common Stock Sale $1,279,363 -8,869 -0.95% $144.25 928,394 28 Dec 2021 Direct
holding HEI Class A Common Stock 15,077 27 Dec 2021 Direct
holding HEI Common Stock 1,717,928 27 Dec 2021 Owned by Partnership F1
holding HEI Common Stock 1,309,427 27 Dec 2021 Owned by Partnership F2
holding HEI Class A Common Stock 209,528 27 Dec 2021 Owned by Corporation F3
holding HEI Common Stock 1,689 27 Dec 2021 By 401(k) F4
holding HEI Class A Common Stock 2,008 27 Dec 2021 By 401(k) F4
holding HEI Common Stock 88,161 27 Dec 2021 Owned by Charitable Foundation F5
holding HEI Class A Common Stock 9,594 27 Dec 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 -40,000 -40% $0.000000 60,000 27 Dec 2021 Common Stock 40,000 $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.