The shares were sold pursuant to a 10b5-1 Sales Plan.
1/36 of the total number of options granted vested and became exercisable on a monthly basis for a three-year period beginning on November 26, 2008, the grant date.
1/36 of the total number of options granted vested and became exercisable on a monthly basis for a three-year period beginning on December 8, 2009, the grant date.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
MarineMax's Vice President East Operations just cashed-in 11,667 options - July 29, 2014
Marinemax Reports Third Quarter Fiscal 2014 Results ~ Revenue Grew 22% To Over $214 Million ~ ~ Same-Store Sales Increased 22% ~ ~ Income Before Taxes And Unusual Item Grew Over 100% ~ - July 24, 2014