HEICO CORP — Director's Dealing 2020

Oct 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEICO CORP (HEI, HEI.A)
CIK: 0000046619
Period of Report: 2020-10-09

Reporting Person: Macau Carlos L (EVP-CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-09	Class A Common Stock	M	122070	$12.8041	Acquired	130392	Direct
2020-10-09	Class A Common Stock	M	30518	$12.8123	Acquired	160910	Direct
2020-10-09	Class A Common Stock	F	65518	$97.52	Disposed	95392	Direct
2020-10-09	Class A Common Stock	S	6670	$97.6384	Disposed	88722	Direct
2020-10-12	Class A Common Stock	S	15600	$96.6649	Disposed	73122	Direct
2020-10-13	Class A Common Stock	S	24400	$95.2497	Disposed	48722	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-09	Option (Right to purchase Class A Common Stock)	$12.8041	M	122070	Disposed	2022-06-01	Class A Common Stock (122070.0)	Direct
2020-10-09	Option (Right to purchase Class A Common Stock)	$12.8123	M	30518	Disposed	2022-06-18	Class A Common Stock (30518.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2000	Indirect
Common Stock	1752	Indirect
Class A Common Stock	1773	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (Right to purchase Class A Common Stock)	$15.4501	2023-06-10	Class A Common Stock (61036.0)	61036	Direct
Option (Right to purchase Class A Common Stock)	$24.9088	2025-06-08	Class A Common Stock (48829.0)	48829	Direct
Option (Right to purchase Class A Common Stock)	$22.2003	2025-12-14	Class A Common Stock (48829.0)	48829	Direct
Option (Right to purchase Class A Common Stock)	$38.3744	2027-03-17	Class A Common Stock (97656.0)	97656	Direct
Option (Right to purchase Class A Common Stock)	$56.24	2028-03-16	Class A Common Stock (62500.0)	62500	Direct

Footnotes

F1: The proceeds of this sale were used to pay a portion of the exercise price and tax liability resulting from a broker-assisted cashless stock option exercise.

F2: Represents shares held for the benefit of the Reporting Person by the HEICO Corporation 401k plan based on a plan statement dated October 12, 2020.

F3: These options are exercisable at 20% per year over five years from the date of grant.