|
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 |
|
| |||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 3.09 | 07/23/2008(1) | A | 16,668 | (2) | 03/06/2015 | Common Stock, par value $0.01 per share | 16,668 | (3) | 16,668 | D | ||||
Employee Stock Option (right to buy) | $ 12.77 | 07/23/2008(1) | D | 8,334 | (4) | 02/27/2017 | Common Stock, par value $0.01 per share | 8,334 | (3) | 0 | D | ||||
Employee Stock Option (right to buy) | $ 12.77 | 07/23/2008(1) | D | 8,334 | (5) | 02/27/2017 | Common Stock, par value $0.01 per share | 8,334 | (3) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KOTLER MARY J C/O PGT, INC. 1070 TECHNOLOGY DRIVE NORTH VENICE, FL 34275 |
Vice President - Supply Chain |
/s/ Mary J. Kotler | 07/25/2008 | |
**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) | (1) The option grant was approved by the board of directors of PGT, Inc. (the "Company") under the PGT, Inc. Equity Incentive Plan on March 6, 2008, subject to stockholder approval of the Replacement Option Agreement executed by Ms. Kotler on March 6, 2008, under which the option was granted. The Company's stockholders approved the replacement option agreement on July 23, 2008. |
(2) | (2) The option becomes exercisable in three equal annual installments beginning on March 6, 2009. |
(3) | (3) The reporting person agreed to the cancellation of an option granted to her on February 27, 2007, in exchange for a new option having a lower exercise price. |
(4) | (4) The option becomes exercisable in two equal annual installments on February 27, 2008, and February 27, 2009. |
(5) | (5) The option becomes exercisable in three equal annual installments beginning on February 27, 2008. |