SEC Form 4 · accession 0001354327-16-000089
PGT Innovations, Inc. · PGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney Hershberger
Officer — Chairman and CEO · Director
Period of report
Jan 5, 2016
Accepted (ET)
Jan 7, 2016 · 4:38 pm EST
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 | Jan 5, 2016 | M | 91,881 | $0.92 | A | 924,789 | D | |
| Common Stock, par value $0.01 per shareF2 | Jan 5, 2016 | S | 15,378 | $11.11 | D | 909,411 | D | |
| Common Stock, par value $0.01 per shareF3 | Jan 6, 2016 | S | 13,102 | $10.67 | D | 896,309 | 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 | $0.92 | Jan 5, 2016 | M | 91,881 | D | — | Jan 21, 2016 | Common Stock | 91,881 | 0 | D |
Explanation of responses
- F1Transaction was effected pursuant to a binding Trading Plan executed by the reporting person on December 16, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $11.03 to $11.21 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 $10.44 to $10.83 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.
- F4Granted by the board of directors under the PGT, Inc. 2006 Equity Incentive Plan and became exercisable in three equal installments on each of January 21, 2010, January 21, 2011, and January 21, 2012.