Filing Details

Accession Number:
0001590976-21-000028
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-16 21:07:57
Reporting Period:
2021-02-11
Accepted Time:
2021-02-16 21:07:57
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
1598780 R. Wayne Wilson 5075 Kimberly Way
Loudon TN 37774
Chief Financial Officer No Yes No 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 Acquisiton 2021-02-11 25,602 $0.00 75,060 No 4 C Direct
Class A Common Stock Disposition 2021-02-11 14,993 $78.01 60,067 No 4 S Direct
Class A Common Stock Disposition 2021-02-12 2,786 $77.24 57,281 No 4 S Direct
Class A Common Stock Disposition 2021-02-16 23,662 $77.28 33,619 No 4 S Direct
Class A Common Stock Disposition 2021-02-16 3,604 $78.33 30,015 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
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 2021-02-11 25,602 $0.00 25,602 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,750 No 4 C Direct
Footnotes
  1. Pursuant to the terms of exchange agreements (the "Exchange Agreement") between Malibu Boats, Inc. (the "Issuer") and holders of limited liability company interests of Malibu Boats Holdings, LLC (the "LLC Units"), a holder of LLC Units has the right to exchange 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.
  2. The reporting person exchanged LLC Units for the equivalent number of shares of the Issuer's Class A Common Stock in accordance with the terms of the Exchange Agreement.
  3. As of the filing date hereof, also includes 1,375 shares of restricted stock vesting on November 6, 2021, 3,000 shares of restricted stock vesting in two equal annual installments beginning on November 6, 2021, 5,125 shares of restricted stock vesting in three substantially equal annual installments beginning on November 6, 2021, and 5,768 shares of restricted stock vesting in four equal annual installments beginning on November 6, 2021.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.00 to $78.38, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4), (5), (6) and (7).
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.00 to $77.44, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.00 to $77.99, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.00 to $78.87, inclusive.