Downing Steven R - Feb 16, 2023 Form 4 Insider Report for GENTEX CORP (GNTX)

Role
President and CEO
Signature
/s/ Scott Ryan for Downing Steven R by Power of Attorney
Stock symbol
GNTX
Transactions as of
Feb 16, 2023
Transactions value $
-$508,480
Form type
4
Date filed
2/21/2023, 02:17 PM
Previous filing
Feb 16, 2023
Next filing
Jul 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Award $0 +32.2K +30.3% $0.00 138K Feb 16, 2023 Direct F1
transaction GNTX Common Stock Award $0 +22.9K +16.57% $0.00 161K Feb 21, 2023 Direct F2
transaction GNTX Common Stock Tax liability -$286K -9.99K -6.2% $28.65 151K Feb 21, 2023 Direct
transaction GNTX Common Stock Tax liability -$222K -7.76K -5.13% $28.65 143K Feb 21, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares vest 100% three years from grant award date.
F2 22,912 shares are performance based shares where the total number of shares granted were based on long term performance incentives.