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Filing Details

Accession Number:: 0000899243-21-005073
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-05 17:17:32
Reporting Period:: 2021-02-03

Accepted Time:: 2021-02-05 17:17:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
883902	Cornerstone Building Brands Inc.	CNR	Prefabricated Metal Buildings & Components (3448)	760127701

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1411087	Golden Gate Capital Opportunity Fund-A, L.p.	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1431072	Ggcof Co-Invest, L.p.	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1437622	Golden Gate Capital Opportunity Fund, L.p.	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1492387	Ggc Opportunity Fund Management Gp, Ltd.	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1492388	Ggcof Co-Invest Management, L.p.	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1759041	Atrium Intermediate Holdings, Llc	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1759048	Atrium Window Holdings, Llc	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1759054	Ggc Atrium Window Holdings, Llc	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1759064	Atrium Window Parent, Llc	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No
1759082	Ggc Bp Holdings, Llc	C/O Golden Gate Private Equity, Inc. One Embarcadero Center, 39Th Floor San Francisco CA 94111	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	Disposition	2021-02-03	4,233,615	$10.63	12,441,252	No	4	S	Indirect	See note
Common Stock, $0.01 Par Value	Disposition	2021-02-03	16,385	$10.63	48,150	No	4	S	Indirect	See note

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See note
No	4	S	Indirect	See note

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	2,241,786	Indirect	See notes

Footnotes

Shares are directly held by Atrium Intermediate Holdings, LLC ("Atrium Intermediate"). Atrium Window Holdings, LLC ("Atrium Holdings") and Atrium Window Parent, LLC ("Atrium Parent") are the members of Atrium Intermediate. Atrium Parent is the controlling unitholder of Atrium Holdings. GGC Atrium Window Holdings, LLC ("GGC Atrium') is the controlling unitholder of Atrium Parent. GGC BP Holdings, LLC ("GGC BP") is the controlling unitholder of GGC Atrium. The Funds collectively hold all of the equity interests of GGC BP. Each of Funds, GGCOF Third Party Co-Invest, Management GP and Ultimate GP disclaim beneficial ownership of these shares except to the extent of their respective pecuniary interests therein.
Shares are directly held by GGC BP. Each of the Funds, GGCOF Third Party Co-Invest, Management GP and Ultimate GP disclaim beneficial ownership of these shares except to the extent of their respective pecuniary interests therein.
Shares are directly held by AIC Finance Partnership, L.P. ("AIC"). Each of Golden Gate Capital Opportunity Fund, L.P. ("GGCOF"), Golden Gate Capital Opportunity Fund-A, L.P. ("GGCOF-A"), GGCOF Co-Invest, L.P. ("GGCOF Co-Invest"), GGCOF Co-Invest IRA, L.P. ("IRA Co-Invest") and GGCOF Executive Co-Invest, L.P. ("Executive Co-Invest" and, together with GGCOF, GGCOF-A, GGCOF Co-Invest and IRA Co-Invest, the "Funds") have an indirect pecuniary interest in AIC. GGCOF Co-Invest Management, L.P. ("GGCOF Third Party Co-Invest") is the general partner of each of GGCOF Co-Invest, IRA Co-Invest and Executive Co-Invest. GGC Opportunity Fund Management, L.P. ("Management GP") is the general partner of each of GGCOF, GGCOF-A and GGCOF Third Party Co-Invest, and GGC Opportunity Fund Management GP, Ltd.
(Continued from Footnote 3) ("Ultimate GP") is the general partner of Management GP. Ultimate GP is governed by its board of directors. Each of the Funds, GGCOF Third Party Co-Invest, Management GP and Ultimate GP disclaim beneficial ownership of these shares except to the extent of their respective pecuniary interests therein.
On July 17, 2018, Cornerstone Building Brands, Inc. (formerly known as NCI Building Systems, Inc.) (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Ply Gem Parent, LLC a Delaware limited liability company ("Ply Gem"), and for certain limited purposes set forth in the Merger Agreement, Clayton, Dubilier & Rice, LLC, a Delaware limited liability company. Pursuant to the terms of the Merger Agreement, at the closing of the merger, Ply Gem was merged with and into the Issuer with the Issuer continuing its existence as a corporation organized under the laws of the State of Delaware (the "Merger").
(Continued from Footnote 5) As consideration to the holders ("Holders") of Ply Gem's LLC interests (the "LLC Interests") as of immediately prior to the closing of the Merger, at the closing of the Merger, the LLC Interests were converted into the right of the Holders to receive, in the aggregate with respect to all such interests, 58,709,067 shares of Common Stock (collectively, the "Aggregate Merger Consideration"), with each Holder being entitled to receive its pro rata share of the Aggregate Merger Consideration (the "Stock Issuance"). Each of Atrium Intermediate and GGC BP were Holders prior to the Merger. Pursuant to the terms of the Merger Agreement, following a Special Meeting of the Issuer's shareholders held on November 15, 2018, the Issuer's shareholders approved (i) the Merger Agreement and (ii) and the Stock Issuance. The Merger was consummated on November 16, 2018.