SEC Form 4 · accession 0001562180-18-000500
GENTEX CORP · GNTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin C Nash
Officer — Chief Accounting Officer
Period of report
Jan 30, 2018
Accepted (ET)
Jan 31, 2018 · 4:47 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 Stock | Jan 30, 2018 | M | 3,330 | $12.795 | A | 34,062 | D | |
| Common Stock | Jan 30, 2018 | M | 1,612 | $15.50 | A | 35,674 | D | |
| Common Stock | Jan 30, 2018 | M | 2,932 | $13.385 | A | 38,606 | D | |
| Common StockF1 | Jan 30, 2018 | S | 7,874 | $23.4039 | D | 30,732 | 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)F2 | $15.50 | Jan 30, 2018 | M | 1,612 | D | — | Sep 30, 2022 | Common Stock | 1,612 | 4,836 | D |
| Employee Stock Option (Right to buy)F2 | $13.385 | Jan 30, 2018 | M | 2,932 | D | — | Sep 30, 2021 | Common Stock | 2,932 | 5,864 | D |
| Employee Stock Option (Right to buy)F3 | $12.795 | Jan 30, 2018 | M | 3,330 | D | — | Sep 30, 2018 | Common Stock | 3,330 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $23.40 to $23.42. The price reported above reflects the weighted average price.
- F2These shares become exercisable as to 20% one year after date of grant and an additional 20% at each ensuing anniversary date.
- F3These shares become exercisable as to 25% one year after date of grant and an additional 25% at each ensuing anniversary date.