Michael K. Hooks - 03 Jul 2023 Form 4 Insider Report for MALIBU BOATS, INC. (MBUU)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Jul 2023, 16:13:30 UTC
Prior SEC filing
04 Apr 2023
Next SEC filing
03 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
MICHAEL K. HOOKS, /s/ Matt Googe as attorney-in-fact

Key filing fact

Michael K. Hooks filed Form 4 for MALIBU BOATS, INC. (MBUU) on 05 Jul 2023.

Key facts

  • This page summarizes Michael K. Hooks's Form 4 filing for MALIBU BOATS, INC. (MBUU).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Jul 2023, 16:13.

Change

  • Previous filing in this sequence was filed on 04 Apr 2023.
  • Current net transaction value: +$26,632.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MBUU transaction

Class A Common Stock

Award

Transaction value
$26,632
Shares
+454
Change %
+0.88%
Price
$58.66
Shares after
51,848
Date
03 Jul 2023
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the Issuer's Directors' Compensation Policy (the "Policy"), directors may elect that their cash annual retainer be converted into either fully vested (i) shares of the Issuer's Class A Common Stock or (ii) rights to receive an award of stock units that will be paid on a deferred basis. In accordance with the reporting person's election, the reporting person was issued 454 stock units for the portion of the annual retainer earned for the quarterly period ended June 30, 2023.

Footnote F2

The stock units are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon the first to occur of (A) the date of the reporting person's separation from service, (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan or (C) an in-service distribution date elected by the reporting person (each, a "Payment Event"). The reporting person may elect whether amounts becoming payable shall be paid in a lump-sum within 30 days following the Payment Event, or in annual installments over a period of 5 years or 10 years.

Footnote F3

Includes 3,532 stock units with vesting terms described in footnote 2 and 48,316 stock units that are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon or as soon as practicable, and in all events within 30 days, following the first to occur of (A) the date of the reporting person's separation from service or (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan.

SEC remarks

Exhibit List: Exhibit 24 - Power of Attorney

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