Scott P. Ryan - 04 Jan 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Signature
/s/ Kevin Nash for Scott P. Ryan by Power of Attorney
Issuer symbol
GNTX
Transactions as of
04 Jan 2023
Net transactions value
-$60,914
Form type
4
Filing time
04 Jan 2023, 15:36:12 UTC
Previous filing
23 Feb 2022
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Options Exercise $67,326 +4,580 +26% $14.70 22,005 04 Jan 2023 Direct
transaction GNTX Common Stock Sale $128,240 -4,580 -20% $28.00 18,290 04 Jan 2023 Direct F1, F2

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 GNTX Employee Stock Option (Right to Buy) Options Exercise $0 -4,580 -100% $0.000000* 0 04 Jan 2023 Common Stock 4,580 $14.70 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
F2 Column 5 reflects the acquisition of 865 shares under the Gentex Corp. Employee Stock Purchase Plan.
F3 These shares become exercisable as to 20% one year after date of grant and an additional 20% at each ensuing anniversary date.