SEC Form 4/A · accession 0001354327-18-000032
PGT Innovations, Inc. · PGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Jeffrey T Jackson
Officer — President and CEO · Director
Period of report
May 11, 2018
Accepted (ET)
May 18, 2018 · 5:05 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 |
|---|---|---|---|---|---|---|---|---|
| PGT Common StockF1 | May 11, 2018 | M | 51,122 | $2.00 | A | 174,835 | D | |
| PGTI Common StockF2 | May 11, 2018 | S | 23,407 | $18.85 | D | 151,428 | D | |
| PGTI Common StockF1 | May 14, 2018 | M | 51,511 | $2.00 | A | 202,939 | D | |
| PGT Common StockF3 | May 14, 2018 | S | 23,600 | $18.76 | D | 179,339 | 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 | May 11, 2018 | M | 51,122 | D | — | Apr 6, 2020 | Common Stock | 237,758 | 237,758 | D |
| Stock Option (Right to Buy)F4 | $2.00 | May 14, 2018 | M | 51,511 | D | — | Apr 6, 2020 | Common Stock | 51,511 | 186,247 | D |
Explanation of responses
- F1This transaction was executed pursuant to a letter if instruction from the reporting person whereby reporting person elected to exercise options granted on April 6, 2010.
- F2This transaction was executed in multiple trades ranging from $18.80 to $18.95 per share. The price reported above represents the weighted-average sales price. The reporting person hereby undertakes to provide full information regarding the numbers of shares and prices at which the transactions were affected upon request by the SEC staff, the issuer, or a security holder of the issuer.
- F3This transaction was executed in multiple trades ranging from $18.65 to $18.83 per share. The price reported above represents the weighted-average sales price. The reporting person hereby undertakes to provide full information regarding the numbers of shares and prices at which the transactions were affected upon request by the SEC staff, the issuer, or a security holder of the issuer.
- F4An aggregate of 732,626 options exercisable in five approximately equal annual installments beginning on April 6, 2011.
Remarks
This Form 4/A is being filed to amend the Form 4 filed on May 15, 2018 to (1) change certain transaction codes to reflect these transactions were conducted pursuant to broker-assisted cashless exercise programs such that shares of common stock underlying the stock options were sold into the open market to cover tax obligations arising from the exercise and (2) disaggregate the single acquisition transaction disclosed on Table 1 of the original Form 4 to reflect that the broker-assisted cashless exercise was effected over multiple days.