Scott P. Ryan - Feb 16, 2023 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
Feb 16, 2023
Transactions value $
-$279,948
Form type
4
Date filed
2/21/2023, 04:41 PM
Previous filing
Jan 4, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Award $0 +6.67K +36.45% $0.00 25K Feb 16, 2023 Direct F1
transaction GNTX Common Stock Award $0 +5.57K +22.32% $0.00 30.5K Feb 21, 2023 Direct F2
transaction GNTX Common Stock Sale -$158K -5.57K -18.25% $28.29 25K Feb 21, 2023 Direct F3, F4
transaction GNTX Common Stock Sale -$122K -4.33K -17.33% $28.29 20.6K Feb 21, 2023 Direct F3, F4
* 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 5,570 shares are performance based shares where the total number of shares granted were based on long term performance incentives.
F3 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
F4 This transaction was executed in multiple trades at prices ranging from $28.02 to $28.60. The price reported above reflects the weighted average price.