GENERAC HOLDINGS INC. — Director's Dealing 2017

May 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAC HOLDINGS INC. (GNRC)
CIK: 0001474735
Period of Report: 2017-05-01

Reporting Person: Dixon Robert D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-01	Common Stock	A	1417	$35.30	Acquired	10245	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-01	Deferred Stock Units	$	A	1417	Acquired		Common Stock (1417)	Direct

Footnotes

F1: Each Deferred Stock Unit represents the right to receive one share of Common Stock upon separation from service pursuant to the terms of the Generac Deferred Stock Unit Plan for Non-Employee Directors, effective on April 1, 2017 ("Deferred Stock Plan").

F2: Following separation of service pursuant to the Deferred Stock Plan.