Frances Powell Hawes - 28 Mar 2024 Form 4 Insider Report for PGT Innovations, Inc.

Role
Director
Signature
/s/ Ryan S. Quinn, as attorney-in-fact for Frances Powell Hawes
Issuer symbol
N/A
Transactions as of
28 Mar 2024
Net transactions value
-$1,018,962
Form type
4
Filing time
28 Mar 2024, 18:20:24 UTC
Previous filing
09 Feb 2024
Next filing
28 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGTI PGTI Common Stock Disposed to Issuer $636,594 -15,157 -100% $42.00 0 28 Mar 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PGTI PGTI Restricted Stock Unit Disposed to Issuer $382,368 -9,104 -100% $42.00 0 28 Mar 2024 PGTI Common Stock 9,104 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Frances Powell Hawes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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 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 Represents restricted stock units that were granted under the Amended and Restated 2019 Equity and Incentive Compensation Plan and deferred pursuant to a separate deferral election agreement between the Company and the reporting person. Pursuant to the merger agreement, these restricted stock units were canceled and converted into the right to receive $42.00 in cash without interest upon the consummation of the merger.