SEC Form 4 · accession 0001437749-18-021154
GENERAC HOLDINGS INC. · GNRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
York A. Ragen
Officer — Chief Financial Officer
Period of report
Nov 16, 2018
Accepted (ET)
Nov 20, 2018 · 6:35 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2018 | M | 106,294 | $56.315 | A | 185,108 | D | |
| Common StockF1 | Nov 16, 2018 | F | 50,072 | $56.315 | D | 135,036 | D | |
| Common StockF2 | Nov 20, 2018 | S | 32,492 | $54.7802 | D | 102,544 | D | |
| Common StockF3 | Nov 20, 2018 | S | 3,508 | $55.3706 | D | 99,036 | 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 | $2.00 | Nov 16, 2018 | M | 106,294 | D | — | Feb 10, 2020 | Common Stock | 106,294 | 0 | D |
Explanation of responses
- F1Shares withheld to fund the tax liability associated with option exercise.
- F2The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $54.24 to 55.24, 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 $55.26 to 55.52, 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 five equal annual installments beginning on February 10, 2011, subject in each case to Mr. Ragen's continued employment with Generac Holdings Inc. through the vesting date.