Neil J. Boehm Power - 16 Feb 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Signature
/s/ Scott Ryan for Neil J Boehm by Power of Attorney
Issuer symbol
GNTX
Transactions as of
16 Feb 2023
Net transactions value
-$176,455
Form type
4
Filing time
21 Feb 2023, 14:19:23 UTC
Previous filing
01 Apr 2022
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Award $0 +8,273 +31% $0.000000 34,563 16 Feb 2023 Direct F1, F2
transaction GNTX Common Stock Award $0 +7,772 +22% $0.000000 42,335 21 Feb 2023 Direct F3
transaction GNTX Common Stock Tax liability $101,049 -3,527 -8.3% $28.65 38,808 21 Feb 2023 Direct
transaction GNTX Common Stock Tax liability $75,407 -2,632 -6.8% $28.65 36,176 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 Shares purchased through the Gentex Corporation Employee Stock Purchase Plan, a Section 423(b) plan
F3 7,772 shares are performance based shares where the total number of shares granted were based on long term performance incentives.