KOTLER MARY J 4

4 · PGT, Inc. · Filed Jul 25, 2008

Form 4

Period: 2008-07-23

Vice President - Supply Chain

Transactions

Disposition to Issuer
Employee Stock Option (right to buy)
2008-07-23−8,334→ 0 total
Exercise: $12.77Exp: 2017-02-27→ Common Stock, par value $0.01 per share (8,334 underlying)
Award
Employee Stock Option (right to buy)
2008-07-23+16,668→ 16,668 total
Exercise: $3.09Exp: 2015-03-06→ Common Stock, par value $0.01 per share (16,668 underlying)

Footnotes (5)

[F1](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.
[F2](2) The option becomes exercisable in three equal annual installments beginning on March 6, 2009.
[F3](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.
[F4](4) The option becomes exercisable in two equal annual installments on February 27, 2008, and February 27, 2009.
[F5](5) The option becomes exercisable in three equal annual installments beginning on February 27, 2008.

Documents

1 file