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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $ 2 | 05/15/2018 | M | 20,734 | (6) | 04/06/2020 | Common Stock | 20,734 | $ 0 | 165,513 | D | ||||
Stock Option (Right to Buy) | $ 2 | 05/16/2018 | M | 138,479 | (6) | 04/06/2020 | Common Stock | 138,479 | $ 0 | 27,034 | D | ||||
Stock Option (Right to Buy) | $ 2 | 05/17/2018 | M | 27,034 | (6) | 04/06/2020 | Common Stock | 27,034 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Jackson Jeffrey T PGT INNOVATIONS INC 1070 TECHNOLOGY DRIVE NORTH VENICE, FL 34275 |
X | President and CEO |
/s/ Jeffrey T. Jackson | 05/18/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This transaction was executed pursuant to a letter of instruction from the reporting person whereby reporting person elected to exercise options granted on April 6, 2010 |
(2) | Shares sold by the reporting person to cover both the aggregate exercise price of the options being exercised and taxes arising from that exercise. |
(3) | This transaction was executed in multiple trades ranging from $18.60 to $18.65 per share. The price reported above represents the weighted-average sales price. The reporting person hereby undertakes to provide full information regarding the numbers of shares and prices at which the transactions were affected upon request by the SEC staff, the issuer, or a security holder of the issuer. |
(4) | This transaction was executed in multiple trades ranging from $18.60 to $18.80 per share. The price reported above represents the weighted-average sales price. The reporting person hereby undertakes to provide full information regarding the numbers of shares and prices at which the transactions were affected upon request by the SEC staff, the issuer, or a security holder of the issuer. |
(5) | This transaction was executed in multiple trades ranging from $18.65 to $18.83 per share. The price reported above represents the weighted-average sales price. The reporting person hereby undertakes to provide full information regarding the numbers of shares and prices at which the transactions were affected upon request by the SEC staff, the issuer, or a security holder of the issuer. |
(6) | An aggregate of 732,626 options exercisable in five approximately equal annual installments beginning on April 6, 2011. |
Remarks: This Form 4/A is being filed to amend the Form 4 filed on May 17, 2018 to (1) change certain transaction codes to reflect these transactions were conducted pursuant to broker-assisted cashless exercise programs such that shares of common stock underlying the stock options were sold into the open market to cover tax obligations arising from the exercise and (2) disaggregate the single acquisition transaction disclosed on Table 1 of the original Form 4 to reflect that the broker-assisted cashless exercise was effected over multiple days. |