Downing Steven R. Power - 02 Feb 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Role
President and CEO
Signature
/s/ Scott Ryan for Downing Steven R by Power of Attorney
Issuer symbol
GNTX
Transactions as of
02 Feb 2023
Net transactions value
-$274,957
Form type
4
Filing time
03 Feb 2023, 09:35:23 UTC
Previous filing
31 Oct 2022
Next filing
16 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 $260,631 +17,730 +15% $14.70 136,236 02 Feb 2023 Direct
transaction GNTX Common Stock Sale $535,588 -17,730 -13% $30.21 118,506 02 Feb 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 -17,730 -100% $0.000000* 0 02 Feb 2023 Common Stock 17,730 $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 This transaction was executed in multiple trades at prices ranging from $30.00 to $30.39. The price reported above reflects the weighted average price.
F3 These shares become exercisable as to 20% one year after date of grant and an additional 20% at each ensuing anniversary date.