SEC Form 4 · accession 0001562180-17-000816
GENTEX CORP · GNTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph E Matthews IV
Officer — Vice President Purchasing
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 12:46 pm EST
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 StockF1,F2 | Feb 16, 2017 | A | 2,750 | $0.00 | A | 18,120 | 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,F4 | $20.52 | Feb 16, 2017 | A | 5,680 | A | Feb 16, 2018 | Feb 16, 2024 | Common Stock | 5,680 | 5,680 | D |
Explanation of responses
- F1Shares vest 100% five years from grant award date.
- F2Shares granted under the Gentex Corporation Restricted Stock Plan, which is a Rule 16B-3 Plan.
- F3Options granted under the Gentex Corporation Employee Stock Option Plan, which is a Rule 16B-3 Plan.
- F4These shares become exercisable as to 20% one year after date of grant and an additional 20% at each ensuing anniversary date.