Scott P. Ryan - Oct 25, 2021 Form 4 Insider Report for GENTEX CORP (GNTX)

Role: General Counsel
Signature: /s/ Kevin Nash for Scott P. Ryan by Power of Attorney
Stock symbol: GNTX
Transactions as of: Oct 25, 2021
Transactions value $: -$242,781
Form type: 4
Date filed: 10/25/2021, 04:36 PM
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNTX	Common Stock	Options Exercise	$73.3K	+4.58K	+14.68%	$16.01	35.8K	Oct 25, 2021	Direct	F1
transaction	GNTX	Common Stock	Sale	-$316K	-9.22K	-25.77%	$34.27	26.6K	Oct 25, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GNTX	Employee Stock Option (Right to Buy)	Options Exercise	$0	-4.58K	-100%	$0.00^*	0	Oct 25, 2021	Common Stock	4.58K	$16.01	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Column 5 reflects the acquisition of 582 shares under the Gentex Corp. Employee Stock Purchase Plan.
F2	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
F3	These shares become exercisable as to 20% one year after date of grant and an additional 20% at each ensuing anniversary date.