Aaron Jagdfeld - Feb 1, 2022 Form 4 Insider Report for GENERAC HOLDINGS INC. (GNRC)

Signature
/s/ Raj Kanuru, Attorney in Fact
Stock symbol
GNRC
Transactions as of
Feb 1, 2022
Transactions value $
-$8,866,386
Form type
4
Date filed
2/3/2022, 03:31 PM
Previous filing
Jan 5, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNRC Common Stock Options Exercise $990K +62.1K +10.33% $15.94* 663K Feb 1, 2022 Direct F1
transaction GNRC Common Stock Sale -$905K -3.23K -0.49% $280.08 660K Feb 1, 2022 Direct F1, F2, F3
transaction GNRC Common Stock Sale -$2.98M -10.6K -1.61% $281.16 649K Feb 1, 2022 Direct F1, F2, F4
transaction GNRC Common Stock Sale -$3.12M -11.1K -1.7% $282.16 638K Feb 1, 2022 Direct F1, F2, F5
transaction GNRC Common Stock Sale -$620K -2.19K -0.34% $282.96 636K Feb 1, 2022 Direct F1, F2, F6
transaction GNRC Common Stock Sale -$796K -2.8K -0.44% $284.05 633K Feb 1, 2022 Direct F1, F2, F7
transaction GNRC Common Stock Sale -$1.43M -5K -0.79% $286.29 628K Feb 1, 2022 Direct F8

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 GNRC Stock Option (Right to Buy) Options Exercise $0 -62.1K -100% $0.00* 0 Feb 1, 2022 Common Stock 62.1K $15.94 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 8, 2021 and established by the reporting person for the purpose of an orderly sale of shares related to the exercise of options scheduled to expire in February 2022.
F2 The shares of common stock were sold solely to satisfy the reporting person's exercise price and tax withholding obligations related to the exercise of stock options to purchase 62,087 shares as reported herein, with the reporting person retaining the remaining shares.
F3 The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $279.64 to $280.60, inclusive. The reporting person undertakes to provide the SEC, the issuer, and any security holder full information regarding the number of shares and prices at which the shares were sold.
F4 The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $280.65 to $281.62, inclusive. The reporting person undertakes to provide the SEC, the issuer, and any security holder full information regarding the number of shares and prices at which the shares were sold.
F5 The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $281.65 to $282.64, inclusive. The reporting person undertakes to provide the SEC, the issuer, and any security holder full information regarding the number of shares and prices at which the shares were sold.
F6 The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $282.65 to $283.33, inclusive. The reporting person undertakes to provide the SEC, the issuer, and any security holder full information regarding the number of shares and prices at which the shares were sold.
F7 The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $283.66 to $284.44, inclusive. The reporting person undertakes to provide the SEC, the issuer, and any security holder full information regarding the number of shares and prices at which the shares were sold.
F8 These shares were sold pursuant to the terms of a trading plan under Rule 10b5-1, previously entered into on November 8, 2021.
F9 Subject to continued service through the vesting date, the Options vested in equal installments on each of the first four (4) anniversaries of the Date of Grant.