Jackie D. Springer Jr. - 07 Jun 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
09 Jun 2023, 16:05:30 UTC
Prior SEC filing
07 Dec 2022
Next SEC filing
12 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jackie D. Springer Jr., /s/ Matthew M. Googe as attorney-in-fact

Key filing fact

Jackie D. Springer Jr. filed Form 4 for MALIBU BOATS, INC. (MBUU) on 09 Jun 2023.

Key facts

  • This page summarizes Jackie D. Springer Jr.'s Form 4 filing for MALIBU BOATS, INC. (MBUU).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 09 Jun 2023, 16:05.

Change

  • Previous filing in this sequence was filed on 07 Dec 2022.
  • Current net transaction value: -$448,152.

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

Options Exercise

Transaction value
$1,053,250
Shares
+25,000
Change %
+21%
Price
$42.13
Shares after
145,451
Date
07 Jun 2023
Ownership
Direct
Footnotes
F1
MBUU transaction

Class A Common Stock

Sale

Transaction value
$967,689
Shares
-16,024
Change %
-11%
Price
$60.39
Shares after
129,427
Date
07 Jun 2023
Ownership
Direct
Footnotes
F1, F2
MBUU transaction

Class A Common Stock

Sale

Transaction value
$533,713
Shares
-8,976
Change %
-6.9%
Price
$59.46
Shares after
120,451
Date
07 Jun 2023
Ownership
Direct
Footnotes
F1, F3
MBUU holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,139
Date
07 Jun 2023
Ownership
See footnote
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MBUU transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-25,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
07 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
25,000
Exercise price
$42.13
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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).

Footnote 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.

Footnote 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.

Footnote 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

SEC remarks

Exhibit List: Exhibit 24 - Power of Attorney

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .