4//SEC Filing
NCI BUILDING SYSTEMS INC 4
Accession 0001181431-13-028411
CIK 0000883902operating
Filed
May 15, 8:00 PM ET
Accepted
May 16, 5:33 PM ET
Size
17.5 KB
Accession
0001181431-13-028411
Insider Transaction Report
Form 4
CLAYTON DUBILIER & RICE FUND VIII LP
10% Owner
Transactions
- Conversion
Series B Cumulative Conv. Participating Preferred Stock
2013-05-14−339,293.47→ 0 total(indirect: See note)Exercise: $6.37→ Common Stock, $0.01 par value (54,136,817 underlying) - Conversion
Common Stock, $0.01 par value
2013-05-14+54,136,817→ 54,136,817 total(indirect: See note)
Transactions
- Conversion
Series B Cumulative Conv. Participating Preferred Stock
2013-05-14−339,293.47→ 0 total(indirect: See note)Exercise: $6.37→ Common Stock, $0.01 par value (54,136,817 underlying) - Conversion
Common Stock, $0.01 par value
2013-05-14+54,136,817→ 54,136,817 total(indirect: See note)
CD&R Associates VIII, Ltd.
10% Owner
Transactions
- Conversion
Series B Cumulative Conv. Participating Preferred Stock
2013-05-14−339,293.47→ 0 total(indirect: See note)Exercise: $6.37→ Common Stock, $0.01 par value (54,136,817 underlying) - Conversion
Common Stock, $0.01 par value
2013-05-14+54,136,817→ 54,136,817 total(indirect: See note)
CD&R ASSOCIATES VIII, LP
10% Owner
Transactions
- Conversion
Common Stock, $0.01 par value
2013-05-14+54,136,817→ 54,136,817 total(indirect: See note) - Conversion
Series B Cumulative Conv. Participating Preferred Stock
2013-05-14−339,293.47→ 0 total(indirect: See note)Exercise: $6.37→ Common Stock, $0.01 par value (54,136,817 underlying)
CD&R FRIENDS & FAMILY FUND VIII LP
10% Owner
Transactions
- Conversion
Common Stock, $0.01 par value
2013-05-14+54,136,817→ 54,136,817 total(indirect: See note) - Conversion
Series B Cumulative Conv. Participating Preferred Stock
2013-05-14−339,293.47→ 0 total(indirect: See note)Exercise: $6.37→ Common Stock, $0.01 par value (54,136,817 underlying)
Footnotes (5)
- [F1]This conversion price ("Conversion Price") was calculated based on an initial conversion price of $1.2748 adjusted to give effect to the 1 for 5 reverse stock split of the common stock, par value $0.01 (the "Common Stock") of the issuer that became effective on March 5, 2010 (the "Reverse Stock Split").
- [F2]On May 14, 2013 Clayton, Dubilier & Rice Fund VIII, LP ("Fund VIII") and CD&R Friends & Family Fund VIII, LP ("F&F VIII") delivered a Notice of Conversion to the issuer exercising the right to convert (i) in the aggregate, 339,293.4704 shares of Series B Cumulative Convertible Participating Preferred Stock (the "Series B Stock") into shares of Common Stock and (ii) undeclared and unpaid dividends of $5,774,610.52 accrued in 2009 with respect to the Series B Stock into shares of Common Stock. In connection with such conversion (the "Conversion"), the issuer issued, for no additional consideration pursuant to the terms of the Amended and Restated Certificate of Designations relating to the Series B Stock, 54,001,628 shares of Common Stock to Fund VIII and 135,189 shares of Common Stock to F&F VIII.
- [F3]The terms and conditions of the Series B Stock were previously disclosed in the Form 3 and Forms 4 relating to Fund VIII's and F&F VIII's acquisition and ownership of Series B Stock.
- [F4]Prior to the Conversion, Fund VIII directly owned 338,439.8334 shares of the Series B Stock and F&F VIII directly owned 853.6370 shares of the Series B Stock. As general partner of both Fund VIII and F&F VIII, CD&R Associates VIII, Ltd. may have been deemed to own directly a total of 339,293.4704 shares of Series B Stock. CD&R Associates VIII, L.P., CD&R Associates VIII, Ltd. and CD&R Investment Associates VIII, Ltd. expressly disclaimed beneficial ownership of the shares of Series B Stock previously held by Fund VIII and F&F VIII. CD&R Associates VIII, Ltd. is a wholly-owned subsidiary of CD&R Associates VIII, L.P., of which CD&R Investment Associates VIII, Ltd. is the general partner.
- [F5]Following the Conversion, Fund VIII directly owns 54,001,628 shares of Common Stock and and F&F VIII directly owns 135,189 shares of Common Stock. As general partner of both Fund VIII and F&F VIII, CD&R Associates VIII, Ltd. may be deemed to own directly a total of 54,137,817 shares of Common Stock. CD&R Associates VIII, L.P., CD&R Associates VIII, Ltd. and CD&R Investment Associates VIII, Ltd. expressly disclaim beneficial ownership of the shares of Common Stock held by Fund VIII and F&F VIII. CD&R Associates VIII, Ltd. is a wholly-owned subsidiary of CD&R Associates VIII, L.P., of which CD&R Investment Associates VIII, Ltd. is the general partner.
Documents
Issuer
NCI BUILDING SYSTEMS INC
CIK 0000883902
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000883902
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 5:33 PM ET
- Size
- 17.5 KB