SEC Form 4 · accession 0001562180-16-003033
GENTEX CORP · GNTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred Bauer
Officer — Chairman of the Board & CEO · Director
Period of report
Aug 18, 2016
Accepted (ET)
Aug 22, 2016 · 1:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000355811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 18, 2016 | S | 216,000 | $18.0082 | D | 6,011,728 | D | |
| Common Stock | Aug 19, 2016 | S | 434,961 | $18.043 | D | 5,576,767 | D | |
| Common Stock | Aug 22, 2016 | S | 45,039 | $18.0253 | D | 5,531,728 | 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)F1,F2 | $18.03 | Aug 18, 2016 | A | 141,000 | A | Aug 18, 2017 | Aug 18, 2023 | Common Stock | 141,000 | 141,000 | D |
Explanation of responses
- F1Option granted under Gentex Corporation's Stock Option Plan, which is a Rule 16B plan.
- F2These shares become exercisable as to 20% one year after the date of grant and an additional 20% at each ensuing anniversary date.