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Filing Details

Accession Number:: 0001590976-21-000026
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-16 21:07:01
Reporting Period:: 2021-02-11

Accepted Time:: 2021-02-16 21:07:01
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
1598726	Jr. D. Jackie Springer	5075 Kimberly Way Loudon TN 37774	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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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	38,935	$0.00	106,027	No	4	C	Indirect	See footnote
Class A Common Stock	Disposition	2021-02-11	23,941	$76.75	82,086	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-02-11	22,182	$77.62	59,904	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-02-11	11,265	$78.55	48,639	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-02-11	4,350	$79.19	44,289	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-02-11	150	$80.08	44,139	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-02-11	4,117	$76.50	75,864	No	4	S	Direct
Class A Common Stock	Disposition	2021-02-11	11,377	$77.06	64,487	No	4	S	Direct
Class A Common Stock	Disposition	2021-02-11	1,847	$77.98	62,640	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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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	38,935	$0.00	38,935	$0.00
Class A Common Stock	Units of Malibu Boats Holdings, LLC	Disposition	2021-02-11	8,800	$0.00	8,800	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
13,800			No	4	C	Indirect
5,000			No	5	G	Indirect

Footnotes

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 cash payment equal to the market value of the LLC Units. The LLC Units have no expiration dates.
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.
The shares of Class A Common Stock and LLC Units are held directly by a limited liability company. The reporting person and his wife each own a 50% membership interest in, and the reporting person is the managing member of, the limited liability company. Includes 30,000 shares of Class A Common Stock held indirectly which were previously inadvertently reported as held directly by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.00 to $76.99, inclusive. The reporting person undertakes to provide 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), (7), (8), (9), (11) and (12).
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.02 to $77.99, inclusive.
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 $78.99, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.00 to $79.90, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.04 to $80.17, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.92 to $76.91, inclusive.
As of the filing date hereof, also includes 2,750 shares of restricted stock vesting on November 6, 2021, 6,000 shares of restricted stock vesting in two equal annual installments beginning on November 6, 2021, 11,039 shares of restricted stock vesting in three substantially equal annual installments beginning on November 6, 2021, and 12,979 shares of restricted stock vesting in four substantially equal annual installments beginning on November 6, 2021. Does not include 30,000 shares of Class A Common Stock held indirectly which were previously inadvertently reported as held directly by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.93 to $77.83, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.94 to $77.99, inclusive.
The reporting person transferred his indirectly held LLC Units to another entity for no consideration.