Downing Steven R - Oct 6, 2023 Form 4/A Insider Report for VOXX International Corp (VOXX)

Role
Director
Signature
/s/ Steven R. Downing
Stock symbol
VOXX
Transactions as of
Oct 6, 2023
Transactions value $
$15,687,500
Form type
4/A
Date filed
1/10/2024, 10:06 AM
Date Of Original Report
Oct 10, 2023
Previous filing
Aug 22, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOXX Class A Common Stock Purchase $15.7M +1.57M +902.58% $10.00 1.74M Oct 6, 2023 See Footnote F1, F2, F3
* 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 amount of securities acquired was misreported as 1,570,000 shares causing the amount of securities beneficially owned to be misreported as 1,743,808 shares, a difference of 1,250 shares in each instance.
F3 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.