Michael K. Hooks - 01 Apr 2024 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
01 Apr 2024, 17:07:33 UTC
Prior SEC filing
23 Feb 2024
Next SEC filing
02 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
MICHAEL K. HOOKS, /s/ Matthew Googe as attorney-in-fact

Key filing fact

Michael K. Hooks filed Form 4 for MALIBU BOATS, INC. (MBUU) on 01 Apr 2024.

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: 01 Apr 2024, 17:07.

Change

  • Previous filing in this sequence was filed on 23 Feb 2024.
  • Current net transaction value: +$26,487.

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
$26,487
Shares
+612
Change %
+1%
Price
$43.28
Shares after
61,257
Date
01 Apr 2024
Ownership
Direct
Footnotes
F1, F2, F3
MBUU holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,500
Date
01 Apr 2024
Ownership
See footnote
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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 612 stock units for the portion of the annual retainer earned for the quarterly period ended March 31, 2024.

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 7,611 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.

Footnote F4

Shares held directly by MK 2012 Irrevocable Trust for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse serves as trustee. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

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