Scott P. Ryan - 16 Feb 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Role
General Counsel
Signature
/s/ Kevin Nash for Scott P. Ryan by Power of Attorney
Issuer symbol
GNTX
Transactions as of
16 Feb 2023
Net transactions value
-$279,948
Form type
4
Filing time
21 Feb 2023, 16:41:39 UTC
Previous filing
04 Jan 2023
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 +6,666 +36% $0.000000 24,956 16 Feb 2023 Direct F1
transaction GNTX Common Stock Award $0 +5,570 +22% $0.000000 30,526 21 Feb 2023 Direct F2
transaction GNTX Common Stock Sale $157,586 -5,570 -18% $28.29 24,956 21 Feb 2023 Direct F3, F4
transaction GNTX Common Stock Sale $122,362 -4,325 -17% $28.29 20,631 21 Feb 2023 Direct F3, F4
* 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 5,570 shares are performance based shares where the total number of shares granted were based on long term performance incentives.
F3 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
F4 This transaction was executed in multiple trades at prices ranging from $28.02 to $28.60. The price reported above reflects the weighted average price.