Kevin C. Nash Power - 01 Feb 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Role: Chief Financial Officer
Signature: /s/ Scott Ryan for Kevin C. Nash by Power of Attorney
Issuer symbol: GNTX
Transactions as of: 01 Feb 2023
Net transactions value: -$99,765
Form type: 4
Filing time: 02 Feb 2023, 09:12:40 UTC
Previous filing: 23 Feb 2022
Next filing: 21 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNTX	Common Stock	Options Exercise	$99,607	+6,776	+31%	$14.70	28,508	01 Feb 2023	Direct
transaction	GNTX	Common Stock	Sale	$199,372	-6,776	-23%	$29.42	22,597	01 Feb 2023	Direct	F1, F2, F3

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	-6,776	-100%	$0.000000^*	0	01 Feb 2023	Common Stock	6,776	$14.70	Direct	F4

* 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	This transaction was executed in multiple trades at prices ranging from $29.32 to $29.56. The price reported above reflects the weighted average price.
F3	Column 5 reflects the acquisition of 865 shares under the Gentex Corp. Employee Stock Purchase Plan.
F4	These shares become exercisable as to 20% one year after date of grant and an additional 20% at each ensuing anniversary date.