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 * Forsythe Patrick John 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 - Global Engineering
(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)
Code V Amount (A) or (D) Price
Common Stock  6/22/2020    M    10446  A $28.36  42106  D   
Common Stock  6/22/2020    S    14172 (1) D $115  27934  D   
Common Stock  6/23/2020    S    3901 (1) D $118.18  24033  D   
Common Stock  6/23/2020    S    4078 (1) D $120  19955  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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)  $28.36  6/22/2020    M        10446    (2) 8/10/2025  Common Stock  10446  $0  0  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 14, 2020.
(2)  Options vested in equal installments on each of the first four (4) anniversaries of the Date of Grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Forsythe Patrick John
S45 W29290 HWY.59
C/O GENERAC HOLDINGS INC.
WAUKESHA, WI 53189


EVP - Global Engineering

Signatures
/s/ Raj Kanuru, as Attorney in Fact 6/24/2020
**Signature of Reporting Person Date
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