John E. Kunz - Feb 14, 2023 Form 4 Insider Report for PGT Innovations, Inc. (PGTI)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Ryan S. Quinn, as attorney-in-fact for John Kunz
Stock symbol: PGTI
Transactions as of: Feb 14, 2023
Transactions value $: -$42,038
Form type: 4
Date filed: 2/16/2023, 07:41 PM
Previous filing: Jun 3, 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	-$42K	-1.85K	-9.09%	$22.76	18.5K	Feb 14, 2023	Direct	F1
transaction	PGTI	PGTI Common Stock	Award	$0	+13.1K	+71.16%	$0.00	31.6K	Feb 14, 2023	Direct	F2

* 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 1,847 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.

Content

Pursuant to a request from the reporting person, the Company withheld 1,847 shares to satisfy a tax withholding obligation in connection with stock awards on which the restrictions had lapsed.

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.