Michael K. Hooks - Oct 26, 2023 Form 4 Insider Report for MALIBU BOATS, INC. (MBUU)

Role
Director
Signature
MICHAEL K. HOOKS, /s/ Matthew Googe as attorney-in-fact
Stock symbol
MBUU
Transactions as of
Oct 26, 2023
Transactions value $
$0
Form type
4
Date filed
10/30/2023, 06:53 PM
Previous filing
Oct 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBUU Class A Common Stock Award $0 +2.43K +4.63% $0.00 54.8K Oct 26, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the Issuer's Director's Compensation Policy, the reporting person was issued an equity award of 2,426 stock units on October 26, 2023 for his service on the board of directors of the Issuer.
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.
F3 Includes 6,508 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.