SEC Form 4 · accession 0001140361-15-018320
GENERAC HOLDINGS INC. · GNRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen Gillette
Officer — Executive Vice President
Period of report
May 6, 2015
Accepted (ET)
May 7, 2015 · 7:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001474735
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock par value $0.01 per share | May 6, 2015 | M | 43,415 | $2.00 | A | 163,192 | D | |
| Common Stock par value $0.01 per share | May 6, 2015 | M | 1,781 | $29.81 | A | 164,973 | D | |
| Common Stock par value $0.01 per share | May 6, 2015 | M | 1,915 | $15.94 | A | 166,888 | D | |
| Common Stock par value $0.01 per share | May 6, 2015 | F | 21,886 | $39.58 | D | 145,002 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F1 | $2.00 | May 6, 2015 | M | 43,415 | D | — | Feb 10, 2020 | Common Stock | 43,415 | 0 | D |
| Stock Option (Right to Buy)F3,F2 | $15.94 | May 6, 2015 | M | 1,915 | D | — | Feb 24, 2022 | Common Stock | 1,915 | 1,914 | D |
| Stock Option (Right to Buy)F4,F2 | $29.81 | May 6, 2015 | M | 1,781 | D | — | Mar 14, 2023 | Common Stock | 1,781 | 3,562 | D |
Explanation of responses
- F1Options shall vest in equal installments on each of the first five (5) anniversaries of the Date of Grant.
- F2Options shall vest in equal installments on each of the first four (4) anniversaries of the Date of Grant.
- F3The reported exercise price reflects adjustments made, pursuant to the terms of the Company's 2010 Equity Incentive Plan, to reflect the special cash dividend of $6.00 per share paid on June 29, 2012 and the special cash dividend of $5.00 per share paid on June 21, 2013.
- F4The reported exercise price reflects adjustments made, pursuant to the terms of the Company's 2010 Equity Incentive Plan to reflect the special cash dividend of $5.00 per share paid on June 21, 2013.