SEC Form 4 · accession 0001225033-16-000084
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 22, 2016
Accepted (ET)
Jun 24, 2016 · 5:58 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 22, 2016 | M | 57,890 | $8.85 | A | 771,508 | D | |
| Common Stock, $0.01 par valueF2 | Jun 22, 2016 | S | 57,890 | $16.0313 | D | 713,618 | D | |
| Common Stock, $0.01 par value | Jun 23, 2016 | M | 43,738 | $8.85 | A | 757,356 | D | |
| Common Stock, $0.01 par valueF3 | Jun 23, 2016 | S | 43,738 | $16.1504 | D | 713,618 | D | |
| Common Stock, $0.01 par value | Jun 24, 2016 | M | 31,332 | $8.85 | A | 744,950 | D | |
| Common Stock, $0.01 par valueF4 | Jun 24, 2016 | S | 31,332 | $15.5152 | D | 713,618 | D | |
| Common Stock, $0.01 par valueF5 | holding | — | — | — | 23,181 | 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 22, 2016 | M | 57,890 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 57,890 | 190,965 | D |
| Options to Purchase Common StockF6 | $8.85 | Jun 23, 2016 | M | 43,738 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 43,738 | 147,227 | D |
| Options to Purchase Common StockF6 | $8.85 | Jun 24, 2016 | M | 31,332 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 31,332 | 115,895 | 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 wihtin the range of $15.93 and $16.22. 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 $16.00 and $16.22. 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 $15.37 and $15.69. 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 in 401(k) plan calculated as of June 23, 2016.
- F6The options vested in four equal installments on Dec. 15, 2010, 2011, 2012 and 2013.