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GENERAC HOLDINGS INC. — Director's Dealing 2016
Nov 17, 2016
30621_dirs_2016-11-17_412c7733-c333-43d1-8479-dc4167837c57.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENERAC HOLDINGS INC. (GNRC)
CIK: 0001474735
Period of Report: 2016-11-15
Reporting Person: Ragen York A. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-15 | Common Stock, par value $0.01 per share | M | 50000 | $40.59 | Acquired | 121246 | Direct |
| 2016-11-15 | Common Stock, par value $0.01 per share | F | 23315 | $40.59 | Disposed | 97931 | Direct |
| 2016-11-17 | Common Stock, par value $0.01 per share | S | 26685 | $41.2452 | Disposed | 71246 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-15 | Stock Option (Right to Buy) | $2 | M | 50000 | Disposed | 2020-02-10 | Common Stock (50000) | Direct |
Footnotes
F1: The disposition of 23,315 shares in Table 1 is solely the result of shares withheld by the Company to satisfy Mr. Ragen's cost of exercise and tax withholding obligations as permitted pursuant to the terms of the Generac Holdings, Inc. Amended and Restated 2010 Equity Incentive Plan.
F2: The option provides for vesting in five equal annual installments beginning on June 10, 2014, subject in each case to Mr. Ragen's continued employment with Generac Holdings Inc. through the vesting date.
F3: The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $41.07 to $41.50, inclusive. The reporting person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.