SEC Form 4 · accession 0001354327-15-000054
PGT Innovations, Inc. · PGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Monte Wray Burns
Officer — Vice President
Period of report
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001354327
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Jun 3, 2015 | M | 50,000 | $2.00 | A | 59,325 | D | |
| Common Stock, par value $0.01 per shareF1,F2 | Jun 3, 2015 | S | 50,000 | $12.68 | D | 9,325 | D | |
| Common Stock, par value $0.01 per shareF1 | Jun 3, 2015 | M | 50,000 | $2.00 | A | 59,325 | D | |
| Common Stock, par value $0.01 per shareF1,F3 | Jun 3, 2015 | P | 50,000 | $13.02 | D | 9,325 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $2.00 | Jun 3, 2015 | M | 100,000 | D | — | Apr 6, 2020 | Common Stock | 100,000 | 258,378 | D |
Explanation of responses
- F1The Transactions reported in this Form 4 were effected on June 3, 2015 pursuant to a binding Trading Plan executed by the reporting person on March 13, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $12.50 to $12.90 per share, The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon requested by the SEC staff, the issuer, or a security holder of the issuer.
- F3This transaction was executed in multiple trades at prices ranging from $13.00 to $13.11 per share, The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon requested by the SEC staff, the issuer, or a security holder of the issuer.
- F4An aggregate of 498,378 options exercisable in five approximately equal annual installments beginning on April 6, 2011.