The shares were exercised and sold pursuant to a 10b5-1 Sales Plan.
This transaction was executed in multiple trades at prices ranging from $17.50 to $17.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at
each separate price for all transactions reported on this Form 4.
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 18, 2010 the grant date.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
To receive a free e-mail notification whenever MarineMax makes a similar move, sign up!
Other recent filings from the company include the following:
Marinemax Reports First Quarter Fiscal 2015 Results ~ Revenue Increased Over 44% Year-Over-Year To $158 Million ~ ~ Same Store Sales Grew Year-Over-Year More Than 45% ~ ~ First December Quarter With P - Jan. 29, 2015
President of MarineMax just cashed-in 60,119 options - Jan. 27, 2015
MarineMax just filed a General Statement of acquisition of beneficial ownership - Jan. 15, 2015
President of MarineMax just disposed of 7,850 shares - Jan. 15, 2015
President of MarineMax just disposed of 1,750 shares - Jan. 15, 2015