SEC Form 4 · accession 0001437749-16-043032

GENERAC HOLDINGS INC. · GNRC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Russell S Minick

Officer — EVP - Sales

Period of report

Dec 5, 2016

Accepted (ET)

Dec 7, 2016 · 3:31 pm EST

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
Common Stock, par value $0.01 per share	Dec 5, 2016	M	22,519	$6.15	A	60,854	D
Common Stock, par value $0.01 per share^F1	Dec 5, 2016	S	22,519	$41.6548	D	38,335	D
Common Stock, par value $0.01 per share	Dec 5, 2016	M	10,865	$15.94	A	49,200	D
Common Stock, par value $0.01 per share^F2	Dec 5, 2016	S	10,865	$41.6281	D	38,335	D
Common Stock, par value $0.01 per share	Dec 5, 2016	M	9,487	$29.81	A	47,822	D
Common Stock, par value $0.01 per share^F3	Dec 5, 2016	S	9,487	$41.6151	D	38,335	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)^F4	$6.15	Dec 5, 2016	M	22,519	D	—	Jun 10, 2023	Common Stock	22,519	0	D
Stock Option (Right to Buy)^F5	$15.94	Dec 5, 2016	M	10,865	D	—	Jun 10, 2023	Common Stock	10,865	0	D
Stock Option (Right to Buy)^F6	$29.81	Dec 5, 2016	M	9,487	D	—	Jun 10, 2023	Common Stock	9,487	4,744	D

Explanation of responses

F1The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $41.47 to $41.77, inclusive. The reporting person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F2The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $41.56 to $41.74, inclusive. The reporting person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F3The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $41.57 to $41.73, inclusive. The reporting person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F4The option provides for vesting in four equal annual installments beginning on August 22, 2012, subject in each case to Mr. Minick's continued employment with Generac Holdings Inc. through the vesting date.
F5The option provides for vesting in four equal annual installments beginning on February 24, 2013, subject in each case to Mr. Minick's continued employment with Generac Holdings Inc. through the vesting date.
F6The option provides for vesting in four equal annual installments beginning on March 14, 2014, subject in each case to Mr. Minick's continued employment with Generac Holdings Inc. through the vesting date.