Victor H. Mendelson - 28 Dec 2021 Form 4 Insider Report for HEICO CORP (HEI)

Role
Co-President, Director
Signature
/s/ Victor H. Mendelson
Issuer symbol
HEI
Transactions as of
28 Dec 2021
Net transactions value
-$11,360,296
Form type
4
Filing time
29 Dec 2021, 19:19:07 UTC
Previous filing
01 Nov 2021
Next filing
28 Nov 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 $2,613,494 +122,070 +11% $21.41 1,190,269 28 Dec 2021 Direct
transaction HEI Common Stock Tax liability $8,527,114 -59,003 -5% $144.52 1,131,266 28 Dec 2021 Direct
transaction HEI Class A Common Stock Options Exercise $1,885,994 +122,070 +70% $15.45 296,117 28 Dec 2021 Direct
transaction HEI Class A Common Stock Tax liability $7,332,671 -56,913 -19% $128.84 239,204 28 Dec 2021 Direct
holding HEI Class A Common Stock 209,528 28 Dec 2021 Owned by Corporation F1
holding HEI Common Stock 172,515 28 Dec 2021 Owned by Partnership F2
holding HEI Common Stock 4,762 28 Dec 2021 As custodian for children
holding HEI Class A Common Stock 19,136 28 Dec 2021 As custodian for children
holding HEI Common Stock 92,535 28 Dec 2021 By 401(k) F3
holding HEI Class A Common Stock 87,694 28 Dec 2021 By 401(k) F3
holding HEI Common Stock 921 28 Dec 2021 By Keogh Account
holding HEI Class A Common Stock 16,133 28 Dec 2021 By Keogh Account
holding HEI Common Stock 565,662 28 Dec 2021 By Trusts F4
holding HEI Class A Common Stock 137,199 28 Dec 2021 By Trusts F4
holding HEI Common Stock 28,806 28 Dec 2021 By Trusts F5
holding HEI Class A Common Stock 8,465 28 Dec 2021 By Trusts F5
holding HEI Common Stock 4,072 28 Dec 2021 By 409A Plan F6

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 -122,070 -100% $0.000000* 0 28 Dec 2021 Common Stock 122,070 $21.41 Direct F7
transaction HEI Option (Right to purchase Class A Common Stock) Options Exercise $0 -122,070 -100% $0.000000* 0 28 Dec 2021 Class A Common Stock 122,070 $15.45 Direct F7
holding HEI Option (Right to purchase Common Stock) 97,656 28 Dec 2021 Common Stock 97,656 $29.67 Direct F7
holding HEI Option (Right to purchase Common Stock) 97,656 28 Dec 2021 Common Stock 97,656 $24.95 Direct F7
holding HEI Option (Right to purchase Common Stock) 195,313 28 Dec 2021 Common Stock 195,313 $44.96 Direct F7
holding HEI Option (Right to purchase Common Stock) 125,000 28 Dec 2021 Common Stock 125,000 $70.66 Direct F7
holding HEI Option (Right to purchase Common Stock) 125,000 28 Dec 2021 Common Stock 125,000 $134.70 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares owned by Mendelson International Corporation whose stock is owned solely by the Reporting Person and Eric Mendelson, the brother of the Reporting Person.
F2 Represents shares owned by VHM Management Limited Partners, a partnership whose sole general partner is a corporation controlled by the Reporting Person.
F3 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.
F4 Represents shares gifted by the Reporting Person to trusts for the benefit of the Reporting Person's immediate family members and whose Trustee is the Reporting Person.
F5 Represents shares owned by the Victor H. Mendelson Revocable Investment Trust which is owned solely by the Reporting Person.
F6 Represents shares held for the reporting person by the HEICO Corporation Leadership Compensation Plan (409A Plan).
F7 These options are exercisable at 20% per year over five years from the date of grant.