SEC Form 4 · accession 0001225033-16-000082
NCI BUILDING SYSTEMS INC · NCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman C Chambers
Officer — Chairman & CEO · Director
Period of report
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 6:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883902
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value | Jun 17, 2016 | M | 74,046 | $8.85 | A | 787,664 | D | |
| Common Stock, $0.01 par valueF2 | Jun 17, 2016 | S | 74,046 | $15.9507 | D | 713,618 | D | |
| Common Stock, $0.01 par value | Jun 20, 2016 | M | 154,158 | $8.85 | A | 867,776 | D | |
| Common Stock, $0.01 par valueF3 | Jun 20, 2016 | S | 154,158 | $16.1192 | D | 713,618 | D | |
| Common Stock, $0.01 par value | Jun 21, 2016 | M | 132,078 | $8.85 | A | 845,696 | D | |
| Common Stock, $0.01 par valueF4 | Jun 21, 2016 | S | 132,078 | $15.9194 | D | 713,618 | D | |
| Common Stock, $0.01 par valueF5 | holding | — | — | — | 23,436 | I | NCI 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF6 | $8.85 | Jun 17, 2016 | M | 74,046 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 74,046 | 535,091 | D |
| Options to Purchase Common StockF6 | $8.85 | Jun 20, 2016 | M | 154,158 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 154,158 | 380,933 | D |
| Options to Purchase Common StockF6 | $8.85 | Jun 21, 2016 | M | 132,078 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 132,078 | 248,855 | D |
Explanation of responses
- F1The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2016.
- F2Represents the weighted average selling price sold within the range of $15.84 and $16.16. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average selling price sold within the range of $15.96 and $16.29. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4Represents the weighted average selling price sold within the range of $15.75 and $16.03. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5Holdings calculated as of June 20, 2016.
- F6The options vested in four equal installments on Dec. 15, 2010, 2011, 2012 and 2013.