SEC Form 4 · accession 0001590976-18-000076
MALIBU BOATS, INC. · MBUU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne R. Wilson
Officer — Chief Financial Officer
Period of report
Sep 11, 2018
Accepted (ET)
Sep 12, 2018 · 9:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590976
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Sep 11, 2018 | M | 6,500 | $25.85 | A | 38,158 | D | |
| Class A Common StockF2,F1 | Sep 11, 2018 | S | 14,088 | $52.34 | D | 24,070 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $25.85 | Sep 11, 2018 | M | 6,500 | D | — | Jun 28, 2023 | Class A Common Stock | 6,500 | 19,500 | D |
Explanation of responses
- F1Includes 5,250 shares of restricted stock vesting in three equal annual installments beginning November 4, 2018, 1,159 restricted stock units vesting on November 6, 2018, 3,476 restricted stock units vesting in two substantially equal annual installments beginning on November 6, 2018 and 5,500 shares of restricted stock vesting in four equal annual installments beginning on November 6, 2018. The restricted stock units represent the contingent right to receive an equivalent number of shares of Malibu Boats, Inc.'s (the "Issuer") Class A Common Stock.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.76, 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 range set forth in this footnote.
- F3The option vests in four equal annual installments beginning on June 29, 2018. As of the date hereof, an option to purchase 6,500 shares had fully vested and the remaining option to purchase 19,500 shares will vest in three equal annual installments beginning on June 29, 2019.