Matthew W. Chiodo Power - 16 Feb 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Role
Vice President of Sales
Signature
/s/ Scott Ryan for Matthew W. Chiodo by Power of Attorney
Issuer symbol
GNTX
Transactions as of
16 Feb 2023
Net transactions value
-$144,052
Form type
4
Filing time
21 Feb 2023, 14:16:59 UTC
Previous filing
01 Apr 2022
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Award $0 +7,309 +34% $0.000000 28,886 16 Feb 2023 Direct F1
transaction GNTX Common Stock Award $0 +6,289 +22% $0.000000 35,175 21 Feb 2023 Direct F2
transaction GNTX Common Stock Tax liability $83,056 -2,899 -8.2% $28.65 32,276 21 Feb 2023 Direct
transaction GNTX Common Stock Tax liability $60,996 -2,129 -6.6% $28.65 30,147 21 Feb 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares vest 100% three years from grant award date.
F2 6,289 shares are performance based shares where the total number of shares granted were based on long term performance incentives.