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 * Wilde Erik 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 Industrial, Americas
(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    1601  A $40.12  15649  D   
Common Stock  6/22/2020    M    4304  A $43.88  19953  D   
Common Stock  6/22/2020    S    5905 (1) D $115  14048  D   
Common Stock  6/23/2020    M    4187  A $52.065  18235  D   
Common Stock  6/23/2020    S    4187 (1) D $120  14048  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)  $40.12  6/22/2020    M        1601    (2) 3/1/2027  Common Stock  1601  $0  1602  D   
Stock Option (Right to Buy)  $43.88  6/22/2020    M        4304    (2) 3/1/2028  Common Stock  4304  $0  8768  D   
Stock Option (Right to Buy)  $52.065  6/23/2020    M        4187    (2) 3/1/2029  Common Stock  4187  $0  12562  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 20, 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
Director 10% Owner Officer Other
Wilde Erik
S45 W29290 HWY.59
C/O GENERAC HOLDINGS INC.
WAUKESHA, WI 53189


EVP Industrial, Americas

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