Downing Steven R. Power - 16 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
16 Feb 2023
Net transactions value
-$508,480
Form type
4
Filing time
21 Feb 2023, 14:17:54 UTC
Previous filing
16 Feb 2023
Next filing
26 Jul 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 Award $0 +32,151 +30% $0.000000 138,273 16 Feb 2023 Direct F1
transaction GNTX Common Stock Award $0 +22,912 +17% $0.000000 161,185 21 Feb 2023 Direct F2
transaction GNTX Common Stock Tax liability $286,214 -9,990 -6.2% $28.65 151,195 21 Feb 2023 Direct
transaction GNTX Common Stock Tax liability $222,267 -7,758 -5.1% $28.65 143,437 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 22,912 shares are performance based shares where the total number of shares granted were based on long term performance incentives.