SEC Form 4 · accession 0001354327-19-000017
PGT Innovations, Inc. · PGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Andrew Keller
Officer — Pres., Eastern Bus.Unit
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:18 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 |
|---|---|---|---|---|---|---|---|---|
| PGTI COMMON STOCKF1 | Mar 1, 2019 | A | 6,114 | $0.00 | A | 27,144 | D | |
| PGTI COMMON STOCKF2 | Mar 4, 2019 | F | 1,316 | $14.76 | D | 25,828 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 13, 2019, the Board of Directors of the Issuer, upon the recommendation of the Compensation Committee of the Board of Directors, determined these performance shares would be earned, effective on March 1, 2019. These shares, which were granted in March 2018, are expected to vest in two equal increments on each of March 1, 2020 and March 1, 2021, subject to the grant agreement between the Issuer and the Reporting Person.
- F2Pursuant to a request from the reporting person, the Company withheld 1,316 shares to satisfy a tax withholding obligation in connection with stock awards on which the restrictions had lapsed.