Beat Kahli - 01 Apr 2025 Form 4 Insider Report for VOXX International Corp (VOXX)

Role
Director
Signature
/s/ Beat Kahli
Issuer symbol
VOXX
Transactions as of
01 Apr 2025
Net transactions value
-$150,000
Form type
4
Filing time
02 Apr 2025, 16:19:36 UTC
Previous filing
27 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOXX Class A Common Stock Disposed to Issuer $150,000 -20,000 -100% $7.50 0 01 Apr 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Beat Kahli is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 17, 2024, by and among the Issuer, Gentex Corporation, a Michigan corporation ("Gentex"), and Instrument Merger Sub, Inc., a Delaware corporation wholly owned by Gentex ("Merger Sub"), on April 1, 2025, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly-owned subsidiary of Gentex.
F2 Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Issuer's Class A Common Stock, par value $0.01 per share and Class B Common Stock, par value $0.01 per share, issued and outstanding immediately prior to the Effective Time of the Merger, was cancelled and converted into the right to receive cash in the amount of $7.50 per share without interest and less applicable withholding taxes, subject to certain exceptions specified in the Merger Agreement.