President Anderson Ritchie L. was granted 9,450 shares and covered exercise/tax liability with 1,717 shares, increasing direct ownership by 6% to 142,743 units (SEC Form 4)
$MBUU
Marine Transportation
Industrials
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MALIBU BOATS, INC. [ MBUU ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/04/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Class A Common Stock | 11/04/2024 | A(1) | 9,450 | A | $0 | 144,460(2) | D | |||
| Class A Common Stock | 11/06/2024 | F(3) | 352 | D | $43.8 | 144,108(2) | D | |||
| Class A Common Stock | 11/06/2024 | F(4) | 263 | D | $43.8 | 143,845(2) | D | |||
| Class A Common Stock | 11/06/2024 | F(5) | 397 | D | $43.8 | 143,448(2) | D | |||
| Class A Common Stock | 11/06/2024 | F(6) | 705 | D | $43.8 | 142,743(2) | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. The reporting person was issued an equity award of 9,450 shares of restricted stock on November 4, 2024, vesting in four substantially equal annual installments beginning on November 6, 2025, subject to the reporting person's continued employment through each applicable vesting date. |
| 2. Includes 92,699 restricted stock units with 25% of the award vesting on each of the second and third anniversaries of February 20, 2024, and 50% of the award vesting on the fourth anniversary of February 20, 2024, 1,077 shares of restricted stock vesting on November 6, 2025, 3,253 shares of restricted stock vesting in two substantially equal annual installments beginning on November 6, 2025, 8,682 shares of restricted stock vesting in three substantially equal annual installments beginning on November 6, 2025 and 9,450 shares of restricted stock vesting in four substantially equal annual installments beginning on November 6, 2025, each subject to the reporting person's continued employment through each applicable vesting date. |
| 3. The shares of the Issuer's Class A Common Stock were withheld for tax withholding purposes in connection with the vesting of 1,442 shares under a restricted stock award granted on November 3, 2020. |
| 4. The shares of the Issuer's Class A Common Stock were withheld for tax withholding purposes in connection with the vesting of 1,078 shares under a restricted stock award granted on November 3, 2021. |
| 5. The shares of the Issuer's Class A Common Stock were withheld for tax withholding purposes in connection with the vesting of 1,627 shares under a restricted stock award granted on November 3, 2022. |
| 6. The shares of the Issuer's Class A Common Stock were withheld for tax withholding purposes in connection with the vesting of 2,894 shares under a restricted stock award granted on November 6, 2023. |
| Remarks: |
| RITCHIE L. ANDERSON, /s/ Matthew M. Googe as attorney-in-fact | 11/06/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||