Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Kanuru Rajendra Kumar	2. Issuer Name and Ticker or Trading Symbol GENERAC HOLDINGS INC. [ GNRC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, GC, Corp. Secretary
(Last) (First) (Middle) S45 W29290 HWY.59, C/O GENERAC HOLDINGS INC.	3. Date of Earliest Transaction (MM/DD/YYYY) 6/22/2020
(Street) WAUKESHA, WI 53189 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	6/22/2020		M		1363	A	$33.23	17226	D
Common Stock	6/22/2020		M		1189	A	$40.12	18415	D
Common Stock	6/22/2020		M		1172	A	$43.88	19587	D
Common Stock	6/22/2020		M		1132	A	$52.065	20719	D
Common Stock	6/22/2020		S		6412 ⁽¹⁾	D	$115	14307	D
Common Stock	6/23/2020		M		1363	A	$33.23	15670	D
Common Stock	6/23/2020		M		1188	A	$40.12	16858	D
Common Stock	6/23/2020		M		1172	A	$43.88	18030	D
Common Stock	6/23/2020		M		1131	A	$52.065	19161	D
Common Stock	6/23/2020		S		6405 ⁽¹⁾	D	$120	12756	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$33.23	6/22/2020		M			1363	⁽²⁾	2/18/2026	Common Stock	1363	$0	1363	D
Stock Option (Right to Buy)	$40.12	6/22/2020		M			1189	⁽²⁾	3/1/2027	Common Stock	1189	$0	3565	D
Stock Option (Right to Buy)	$43.88	6/22/2020		M			1172	⁽²⁾	3/1/2028	Common Stock	1172	$0	5861	D
Stock Option (Right to Buy)	$52.065	6/22/2020		M			1132	⁽²⁾	3/1/2029	Common Stock	1132	$0	7922	D
Stock Option (Right to Buy)	$33.23	6/23/2020		M			1363	⁽²⁾	2/18/2026	Common Stock	1363	$0	0	D
Stock Option (Right to Buy)	$40.12	6/23/2020		M			1188	⁽²⁾	3/1/2027	Common Stock	1189	$0	2377	D
Stock Option (Right to Buy)	$43.88	6/23/2020		M			1172	⁽²⁾	3/1/2028	Common Stock	1172	$0	4689	D
Stock Option (Right to Buy)	$52.065	6/23/2020		M			1131	⁽²⁾	3/1/2029	Common Stock	1132	$0	6791	D

Explanation of Responses:
(1)	The options were exercised and the shares were sold pursuant to the terms of a trading plan under Rule 10b5-1 previously entered into on May 19, 2020.
(2)	Options vested/shall vest in equal installments on each of the first four (4) anniversaries of the Date of Grant.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Kanuru Rajendra Kumar S45 W29290 HWY.59 C/O GENERAC HOLDINGS INC. WAUKESHA, WI 53189			EVP, GC, Corp. Secretary