TAYLOR NANCY M 4
4 · MALIBU BOATS, INC. · Filed May 2, 2023
Insider Transaction Report
Form 4
TAYLOR NANCY M
Director
Transactions
- Award
Class A Common Stock
2023-04-28+1,130→ 1,130 total
Footnotes (3)
- [F1]In accordance with the Issuer's Director's Compensation Policy, the reporting person was issued an equity award of 1,130 stock units on April 28, 2023 in connection with her appointment to the board of directors of the Issuer.
- [F2]The stock units are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon the first to occur of (A) the date of the reporting person's separation from service, (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan or (C) an in-service distribution date elected by the reporting person (each, a "Payment Event"). The reporting person may elect whether amounts becoming payable shall be paid in a lump-sum within 30 days following the Payment Event, or in annual installments over a period of 5 years or 10 years.
- [F3]Includes 1,130 stock units with vesting terms described in footnote 2.