Ryan S. Quinn - Feb 14, 2023 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, 2023
Transactions value $
-$26,403
Form type
4
Date filed
2/16/2023, 07:39 PM
Previous filing
Feb 16, 2022
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGTI PGTI Common Stock Tax liability -$13.8K -606 -6.15% $22.76 9.24K Feb 14, 2023 Direct F1
transaction PGTI PGTI Common Stock Award $0 +3.97K +42.9% $0.00 13.2K Feb 14, 2023 Direct F2
transaction PGTI PGTI Common Stock Tax liability -$12.6K -557 -4.22% $22.64 12.7K Feb 15, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a request from the reporting person, the Company withheld 606 shares to satisfy a tax withholding obligation in connection with stock awards on which the restrictions had lapsed.
F2 On February 14, 2023, 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 14, 2023. These shares, which were granted in February 2022, are expected to vest in full on February 14, 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 557 shares to satisfy a tax withholding obligation in connection with stock awards on which the restrictions had lapsed.