4//SEC Filing
SHALAM JOHN J 4
Accession 0001567619-20-017860
CIK 0000807707other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 4:54 PM ET
Size
9.9 KB
Accession
0001567619-20-017860
Insider Transaction Report
Form 4
SHALAM JOHN J
Director10% Owner
Transactions
- Gift
Class B Common Stock
2020-10-08−1,608,114→ 2,144,152 total(indirect: See note)→ Class A Common Stock (1,608,114 underlying) - Gift
Class A Common Stock
2020-10-08−1,444,900.5→ 1,926,534 total(indirect: See Note)
Holdings
- 6,179
Class A Common Stock
Footnotes (8)
- [F1]For estate planning purposes, John J. Shalam (the "Reporting Person" or "Mr. Shalam") gifted an aggregate 75% membership interest in SHALVOXX A HOLDCO LLC ("ShalvoxxA") and an aggregate 75% membership interest in SHALVOXX B HOLDCO LLC ("ShalvoxxB"), in each case, 25% to each of three trusts established by him for the benefit of each of his three sons. Prior to such gifts, on September 10, 2020, Mr. Shalam transferred 1,926,534 shares of Class A Common Stock and 2,144,152 shares of Class B Common Stock directly owned by him to ShalvoxxA and ShalvoxxB, respectively, for no consideration in exchange, and at such time Mr. Shalam owned 100% of the membership interests in each such limited liability company. Following such gifts, Mr. Shalam holds a 25% membership interest in each such company. Mr. Shalam also is a manager of each of ShalvoxxA and ShalvoxxB and has sole voting and dispositive power of the shares of common stock the Issuer held by each such company.
- [F2]Represents the Reporting Person's gift of an aggregate 75% proportionate pecuniary interest in the total number of shares of the Issuer's common stock directly held by ShalvoxxA or ShalvoxB, as the case may be.
- [F3]Not applicable.
- [F4]Represents the total number of shares of the Issuer's common stock directly held by ShalvoxxA or ShalvoxB, as the case may be, without reduction for the gift described in notes 1 and 2 above. However, the Reporting Person disclaims beneficial ownership of such shares except to the extent of of his pecuniary interest.
- [F5]Indirectly owned through ShalvoxxA.
- [F6]Inadvertently not previously reported.
- [F7]Each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock. The Class B Common Stock does not have an expiration date.
- [F8]Indirectly owned through ShalvoxxB.
Documents
Issuer
VOXX International Corp
CIK 0000807707
Entity typeother
Related Parties
1- filerCIK 0000903634
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 4:54 PM ET
- Size
- 9.9 KB