Beat Kahli - Jan 5, 2024 Form 4 Insider Report for VOXX International Corp (VOXX)

Signature
/s/ Beat M. Kahli
Stock symbol
VOXX
Transactions as of
Jan 5, 2024
Transactions value $
-$15,687,500
Form type
4
Date filed
1/9/2024, 09:27 AM
Previous filing
Oct 17, 2023
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOXX Class A Common Stock Award +5K +50% 15K Jan 5, 2024 Direct F1
transaction VOXX Class A Common Stock Sale -$13.7M -1.37M -33.33% $10.00 2.74M Jan 5, 2024 By Avalon Park Group Holding AG F2
transaction VOXX Class A Common Stock Sale -$2.01M -201K -33.61% $10.00 398K Jan 5, 2024 By Avalon Park International, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Such shares were granted pursuant to the Employment Agreement dated February 6, 2023 between the Issuer and Beat M. Kahli at a price of $10.735 per share.
F2 Beat M. Kahli is the controlling shareholder of Avalon Park Group Holding AG, formerly known as Kahli Holding AG. Kahli Holding AG changed its name to Avalon Park Group Holding AG. Jill Kahli, the wife of Mr. Kahli, is the only other shareholder of Avalon Park Group Holding AG.
F3 Beat M. Kahli is the sole manager and controlling member of Avalon Park International, LLC.