Ryan S. Quinn - Feb 14, 2022 Form 4 Insider Report for PGT Innovations, Inc. (PGTI)

Role
Sr. V.P. and General Counsel
Signature
/s/ RYAN S. QUINN
Stock symbol
PGTI
Transactions as of
Feb 14, 2022
Transactions value $
-$5,903
Form type
4
Date filed
2/16/2022, 06:26 PM
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGTI PGTI Common Stock Award $0 +6.13K +188.85% $0.00 9.38K Feb 14, 2022 Direct F1
transaction PGTI PGTI Common Stock Award $0 +795 +8.48% $0.00 10.2K Feb 15, 2022 Direct F2
transaction PGTI PGTI Common Stock Tax liability -$5.9K -321 -3.16% $18.39 9.85K Feb 15, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted under the Company's 2019 Equity and Incentive Compensation Plan, which is expected to vest in three equal installments on February 14, 2023, February 14, 2024, and February 14, 2025, subject to the terms of the grant agreement between the Company and the reporting person.
F2 On February 15, 2022, the Board of Directors of the Company, upon the recommendation of the Compensation Committee of the Board of Directors, determined these performance shares will be earned, effective on February 15, 2022. These shares, which were granted in February 2021, are expected to vest in two equal increments on each of February 15, 2023 and February 15, 2024, subject to the grant agreement between the Company and the Reporting Person.
F3 Pursuant to a request from the reporting person, the Company withheld 321 shares to satisfy a tax withholding obligation in connection with stock awards on which the restrictions had lapsed.