Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PGTI | PGTI Common Stock | Disposed to Issuer | -$2.6M | -61.9K | -100% | $42.00 | 0 | Mar 28, 2024 | Direct | F1, F2, F3 |
Mike Wothe is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | On March 28, 2024, the Company was acquired by MIWD Holding Company LLC pursuant to the merger agreement entered into by and between the Company, MIWD Holding Company LLC, and RMR Merge Co, Inc., dated as of January 16, 2024. |
F2 | Upon the consummation of the merger, each issued and outstanding share of the Company's common stock was canceled and converted into the right receive $42.00 in cash without interest. In addition, each share of restricted stock and each restricted stock unit that were granted under the Company's Amended and Restated 2019 Equity and Incentive Compensation Plan, other than the Interim Awards described below, that were outstanding immediately prior to the consummation of the merger were canceled and converted into the right to receive $42.00 in cash without interest. |
F3 | Includes 15,488 shares of restricted stock that will be settled in cash upon vesting in three equal installments on February 19, 2025, February 19, 2026, and February 19, 2027, subject to the terms of the grant agreement between the Company and the reporting person (the "Interim Awards"). |