SEC Form 4 · accession 0001225033-16-000110
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
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 5:26 pm EST
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 | Nov 14, 2016 | M | 29,470 | $8.85 | A | 743,088 | D | |
| Common Stock, $0.01 par valueF2 | Nov 14, 2016 | S | 29,470 | $16.5034 | D | 713,618 | D | |
| Common Stock, $0.01 par valueF2 | Nov 14, 2016 | S | 43,251 | $16.5043 | D | 670,367 | D | |
| Common Stock, $0.01 par value | Nov 15, 2016 | M | 7,030 | $8.85 | A | 677,397 | D | |
| Common Stock, $0.01 par value | Nov 15, 2016 | S | 7,030 | $16.50 | D | 670,367 | D | |
| Common Stock, $0.01 par valueF3 | Nov 15, 2016 | S | 35,549 | $16.5286 | D | 634,818 | D | |
| Common Stock, $0.01 par value | Nov 16, 2016 | M | 36,497 | $8.85 | A | 671,315 | D | |
| Common Stock, $0.01 par value | Nov 16, 2016 | S | 36,497 | $17.00 | D | 634,818 | D | |
| Common Stock, $0.01 par valueF4 | Nov 16, 2016 | S | 19,426 | $17.0047 | D | 615,392 | D | |
| Common Stock, $0.01 par valueF5 | holding | — | — | — | 23,874 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF6 | $8.85 | Nov 14, 2016 | M | 29,470 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 29,470 | 80,025 | D |
| Common Stock, $0.01 par valueF6 | $8.85 | Nov 15, 2016 | M | 7,030 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 7,030 | 72,995 | D |
| Common Stock, $0.01 par valueF6 | $8.85 | Nov 16, 2016 | M | 36,497 | D | — | Dec 15, 2019 | Common Stock, $0.01 par value | 36,497 | 36,498 | 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 September 13, 2016.
- F2Represents the weighted average selling price sold within the range of $16.50 and $16.55. 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 $16.50 and $16.70. 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 $17.00 and $17.10. 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 November 15, 2016.
- F6The options vested in four equal installments on Dec. 15, 2010, 2011, 2012 and 2013.