Downing Steven R - Feb 20, 2024 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 20, 2024
Transactions value $
-$1,052,714
Form type
4
Date filed
2/21/2024, 03:04 PM
Previous filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Award $0 +25.2K +14.92% $0.00 194K Feb 20, 2024 Direct F1
transaction GNTX Common Stock Tax liability -$411K -11.7K -6.05% $35.01 182K Feb 20, 2024 Direct F2
transaction GNTX Common Stock Tax liability -$642K -18.3K -10.05% $35.01 164K Feb 20, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25,203 shares are performance based shares where the total number of shares granted were based on long term performance incentives.
F2 This transaction was executed in multiple trades at prices ranging from $34.72 to $35.14. The price reported above reflects the weighted average price.