Michael K. Hooks - 20 Feb 2024 Form 4 Insider Report for MALIBU BOATS, INC. (MBUU)

Role: Executive Chair, Director
Signature: MICHAEL K. HOOKS, /s/ Matthew Googe as attorney-in-fact
Issuer symbol: MBUU
Transactions as of: 20 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 21 Feb 2024, 17:02:47 UTC
Previous filing: 03 Jan 2024
Next filing: 23 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MBUU	Class A Common Stock	Award	$0	+5,330	+9.6%	$0.000000	60,645	20 Feb 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the reporting person's appointment as Executive Chair of the Company, the reporting person was issued a restricted stock award of 5,330 shares of Class A Common Stock on February 20, 2024, which award vested immediately upon grant.
F2	Includes 6,999 stock units that 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. Also includes 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.

Content

In connection with the reporting person's appointment as Executive Chair of the Company, the reporting person was issued a restricted stock award of 5,330 shares of Class A Common Stock on February 20, 2024, which award vested immediately upon grant.

Includes 6,999 stock units that 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. Also includes 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.