Eric A. Mendelson - Jan 30, 2023 Form 4 Insider Report for HEICO CORP (HEI)

Role
Co-President, Director
Signature
/s/ Eric A. Mendelson
Stock symbol
HEI
Transactions as of
Jan 30, 2023
Transactions value $
-$5,219,737
Form type
4
Date filed
2/1/2023, 03:13 PM
Previous filing
Jan 11, 2023
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEI Common Stock Options Exercise $2.9M +97.7K +8.72% $29.67 1.22M Jan 30, 2023 Direct
transaction HEI Common Stock Tax liability -$8.12M -47.9K -3.94% $169.31 1.17M Jan 30, 2023 Direct
holding HEI Class A Common Stock 249K Jan 30, 2023 Direct
holding HEI Common Stock 15.2K Jan 30, 2023 By Keogh Account
holding HEI Class A Common Stock 10.1K Jan 30, 2023 By Keogh Account
holding HEI Common Stock 427K Jan 30, 2023 By Trusts F1
holding HEI Class A Common Stock 196K Jan 30, 2023 Owned by Corporation F2
holding HEI Common Stock 393K Jan 30, 2023 Owned by Partnership F3
holding HEI Common Stock 4.52K Jan 30, 2023 As custodian for minor children
holding HEI Class A Common Stock 5.2K Jan 30, 2023 As custodian for minor children
holding HEI Common Stock 112K Jan 30, 2023 By 401(k) F4
holding HEI Class A Common Stock 107K Jan 30, 2023 By 401(k) F4
holding HEI Class A Common Stock 9.37K Jan 30, 2023 By 409A Plan F5
holding HEI Common Stock 5.46K Jan 30, 2023 By 409A Plan 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 -97.7K -100% $0.00* 0 Jan 30, 2023 Common Stock 97.7K $29.67 Direct F6
holding HEI Option (Right to purchase Common Stock) 97.7K Jan 30, 2023 Common Stock 97.7K $24.95 Direct F6
holding HEI Option (Right to purchase Common Stock) 195K Jan 30, 2023 Common Stock 195K $44.96 Direct F6
holding HEI Option (Right to purchase Common Stock) 125K Jan 30, 2023 Common Stock 125K $70.66 Direct F6
holding HEI Option (Right to purchase Common Stock) 125K Jan 30, 2023 Common Stock 125K $134.70 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares owned by Mendelson International Corporation whose stock is owned solely by the Reporting Person and Victor Mendelson, the brother of the Reporting Person.
F3 Represents shares owned by EAM Management Limited Partners, a partnership whose sole general partner is a corporation controlled by the Reporting Person.
F4 Represents shares held for the benefit of the Reporting Person by the HEICO Corporation 401(k), based on a plan statement dated January 30, 2023.
F5 Represents shares held for the Reporting Person by the HEICO Leadership Compensation Plan (409A Plan).
F6 These Options become exercisable 20% per year over five years from the date of Grant.