Downing Steven R - Feb 2, 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
Stock symbol
GNTX
Transactions as of
Feb 2, 2023
Transactions value $
-$274,957
Form type
4
Date filed
2/3/2023, 09:35 AM
Previous filing
Oct 31, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Options Exercise $261K +17.7K +14.96% $14.70 136K Feb 2, 2023 Direct
transaction GNTX Common Stock Sale -$536K -17.7K -13.01% $30.21 119K Feb 2, 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 -17.7K -100% $0.00* 0 Feb 2, 2023 Common Stock 17.7K $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.