Jackie D. Springer Jr. - Jun 7, 2023 Form 4 Insider Report for MALIBU BOATS, INC. (MBUU)

Role
Chief Executive Officer, Director
Signature
Jackie D. Springer Jr., /s/ Matthew M. Googe as attorney-in-fact
Stock symbol
MBUU
Transactions as of
Jun 7, 2023
Transactions value $
-$448,152
Form type
4
Date filed
6/9/2023, 04:05 PM
Previous filing
Dec 7, 2022
Next filing
Oct 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBUU Class A Common Stock Options Exercise $1.05M +25K +20.76% $42.13 145K Jun 7, 2023 Direct F1
transaction MBUU Class A Common Stock Sale -$968K -16K -11.02% $60.39 129K Jun 7, 2023 Direct F1, F2
transaction MBUU Class A Common Stock Sale -$534K -8.98K -6.94% $59.46 120K Jun 7, 2023 Direct F1, F3
holding MBUU Class A Common Stock 14.1K Jun 7, 2023 See footnote F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MBUU Employee Stock Option (right to buy) Options Exercise $0 -25K -100% $0.00* 0 Jun 7, 2023 Class A Common Stock 25K $42.13 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As of the transaction date, includes 3,680 shares of restricted stock vesting on November 6, 2023, 6,489 shares of restricted stock vesting in two substantially equal annual installments beginning on November 6, 2023, 11,111 shares of restricted stock vesting in three equal annual installments beginning on November 6, 2023 and 22,200 shares of restricted stock vesting in four substantially equal annual installments beginning on November 6, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.82 to $60.74, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.19 to $59.73, inclusive.
F4 The 14,139 shares of Class A Common Stock are held directly by a limited liability company. The reporting person and his wife each own a 50% membership interest in, and the reporting person is the managing member of, the limited liability company.
F5 The initial options to purchase 25,000 shares vested in four equal annual installments beginning on August 22, 2019. As of the filing date hereof, options to purchase 25,000 shares had fully vested and options for those shares have been fully exercised, including the exercise of options shown above

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney