Jeffrey T. Jackson - Dec 29, 2023 Form 4 Insider Report for PGT Innovations, Inc. (PGTI)

Role
President and CEO
Signature
/s/ Ryan S. Quinn, as attorney-in-fact for Jeffrey T. Jackson
Stock symbol
PGTI
Transactions as of
Dec 29, 2023
Transactions value $
-$1,949,723
Form type
4
Date filed
1/2/2024, 08:49 PM
Previous filing
Mar 8, 2023
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGTI PGTI Common Stock Award $0 +24.8K +4.14% $0.00 625K Dec 29, 2023 Direct F1, F2
transaction PGTI PGTI Common Stock Tax liability -$1.95M -47.3K -7.57% $41.25 577K Dec 29, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 29, 2023, the Compensation Committee of the Board of Directors of the Issuer determined that these performance shares will be deemed earned and vested based on expected actual performance as of December 29, 2023. These performance shares were granted in February 2021 and were originally scheduled to vest on February 15, 2024.
F2 Includes 573 shares purchased on March 31, 2023, 245 shares purchased on June 30, 2023, and 215 shares purchased on September 30, 2023 pursuant to the Issuer's 2019 Employee Stock Purchase Plan.
F3 Pursuant to a request from the reporting person, the Issuer withheld 47,266 shares to satisfy a tax withholding obligation in connection with stock awards on which the restrictions had lapsed.