Filing Details

Accession Number:
0001209191-14-047200
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-15 16:31:12
Reporting Period:
2014-07-15
Filing Date:
2014-07-15
Accepted Time:
2014-07-15 16:31:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1590976 Malibu Boats Inc. MBUU Ship & Boat Building & Repairing (3730) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598589 K. Michael Hooks 2000 Avenue Of The Stars, 11Th Floor
Los Angeles CA 90067
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2014-07-15 1,013,314 $18.50 1,493,739 No 4 S Indirect See footnote
Class A Common Stock Disposition 2014-07-15 134,793 $18.50 198,699 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Units of Malibu Boats Holdings, LLC Disposition 2014-07-15 56,632 $18.50 56,632 $0.00
Class A Common Stock Units of Malibu Boats Holdings, LLC Disposition 2014-07-15 1,464,341 $18.50 1,464,341 $0.00
Class A Common Stock Units of Malibu Boats Holdings, LLC Disposition 2014-07-15 181,520 $18.50 181,520 $0.00
Class A Common Stock Units of Malibu Boats Holdings, LLC Disposition 2014-07-15 145,596 $18.50 145,596 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
83,481 No 4 D Direct
2,158,599 No 4 D Indirect
267,582 No 4 D Indirect
214,625 No 4 D Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 9,371 Direct
Footnotes
  1. Represents shares of the Issuer's Class A Common Stock sold by The Canyon Value Realization Master Fund, L.P. ("Canyon Master Fund") in the Issuer's public offering of Class A Common Stock completed on July 15, 2014 (the "Offering").
  2. The amount shown represents the beneficial ownership of shares of Issuer's Class A Common Stock owned by Canyon Master Fund.
  3. Represents shares of the Issuer's Class A Common Stock sold by BC-MB GP in the Offering.
  4. The amount shown represents the beneficial ownership of shares of Issuer's Class A Common Stock owned by BC-MB GP.
  5. Represents stock units which are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon or as soon as practicable, and in all events within 30 days, following the first to occur of (A) the date of the reporting person's separation from service (as defined in the Issuer's Directors' Compensation Policy) as a director or (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan.
  6. Pursuant to the terms of an exchange agreement, the holder of the Units in Malibu Boats Holdings, LLC (the "LLC Units") has a right to exchange the LLC Units for shares of the Issuer's Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or at the Issuer's option, other than in the event of a change in control, for a cash payment equal to the market value of the LLC Units. The LLC Units have no expiration date.
  7. Following the Offering, the Issuer used the net proceeds from the Offering to purchase LLC Units at a purchase price per unit equal to the public offering price per share of Class A Common Stock in the Offering, after deducting underwriting discounts and commissions.
  8. Represents the LLC Units purchased from the reporting person.
  9. Represents the LLC Units purchased from Black Canyon Direct Investment Fund L.P. ("BC Fund").
  10. The amount shown represents the beneficial ownership of LLC Units owned by BC Fund.
  11. Represents the LLC Units purchased from The Canyon Value Realization Fund, L.P. ("Canyon Fund").
  12. The amount shown represents the beneficial ownership of LLC Units owned by the Canyon Fund.
  13. Represents the LLC Units purchased from Loudon Partners, LLC ("Loudon").
  14. The amount shown represents the beneficial ownership of LLC Units by Loudon.