Floyd F. Sherman - Mar 28, 2024 Form 4 Insider Report for PGT Innovations, Inc. (PGTI)

Role: Director
Signature: /s/ Ryan S. Quinn, as attorney-in-fact for Floyd F. Sherman
Stock symbol: PGTI
Transactions as of: Mar 28, 2024
Transactions value $: -$4,595,430
Form type: 4
Date filed: 3/28/2024, 06:23 PM
Previous filing: Jun 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	PGTI	PGTI Common Stock	Disposed to Issuer	-$4.6M	-109K	-100%	$42.00	0	Mar 28, 2024	Direct	F1, F2

Floyd F. Sherman 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.

Content

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.

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.