Downing Steven R. Power - 05 Jan 2024 Form 4 Insider Report for VOXX International Corp (VOXX)

Role: Director
Signature: /s/ Steven R. Downing
Issuer symbol: VOXX
Transactions as of: 05 Jan 2024
Net transactions value: +$15,687,500
Form type: 4
Filing time: 08 Jan 2024, 12:06:40 UTC
Previous filing: 12 Dec 2023
Next filing: 16 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VOXX	Class A Common Stock	Purchase	$15,687,500	+1,568,750	+90%	$10.00	3,312,558	05 Jan 2024	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed pursuant to a Stock Purchase Agreement between Gentex Corporation as Purchaser, and Avalon Park International LLC and Avalon Park Group Holding AG, as Sellers.
F2	The reported number of shares are owned directly by Gentex Corporation, of which Mr. Downing is the Chief Executive Officer. Accordingly, by virtue of Mr. Downing's relationship with Gentex, Mr. Downing may be deemed to beneficially own the shares of the Company's Class A Common Stock owned directly by Gentex. Mr. Downing disclaims beneficial ownership of the shares of Company Class A Common Stock owned directly by Gentex except to the extent of his pecuniary interest.

Content

This transaction was executed pursuant to a Stock Purchase Agreement between Gentex Corporation as Purchaser, and Avalon Park International LLC and Avalon Park Group Holding AG, as Sellers.

The reported number of shares are owned directly by Gentex Corporation, of which Mr. Downing is the Chief Executive Officer. Accordingly, by virtue of Mr. Downing's relationship with Gentex, Mr. Downing may be deemed to beneficially own the shares of the Company's Class A Common Stock owned directly by Gentex. Mr. Downing disclaims beneficial ownership of the shares of Company Class A Common Stock owned directly by Gentex except to the extent of his pecuniary interest.