Generac issued Amazon a warrant for up to 1,693,745 shares at $200.93; vesting partly depends on generator payments.

The reported warrant was issued to Amazon.com NV Investment Holdings, an Amazon wholly owned subsidiary. It provides the right to purchase up to 1,693,745 Generac common shares at an exercise price of $200.93 per share.

Approximately 308,000 warrant shares vested immediately, according to the more detailed Telegram report. Remaining tranches vest progressively based on generator payments, linking additional vesting to commercial activity under the supply relationship.

The report describes the full warrant as equivalent to nearly 3% of Generac’s outstanding shares and approximately $340 million in potential share purchases. Those figures describe the warrant’s reported scope, not completed share ownership; the same message also includes an unexplained $8 billion “total investment” figure that cannot be reliably assigned to the warrant or generator contract from the supplied text.