Jeld-Wen Holding Inc.

11/07/2024 | Press release | Distributed by Public on 11/07/2024 19:22

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
Turtle Creek Asset Management Inc.
2. Issuer Name and Ticker or Trading Symbol
JELD-WEN Holding, Inc. [JELD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100
3. Date of Earliest Transaction (Month/Day/Year)
11/05/2024
(Street)
TORONTO, A6 M5H 3Y2
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/05/2024 P 155,078 A $10.0586(2) 11,751,912 I(1) By Turtle Creek Equity Fund(1)
Common Stock 11/05/2024 P 14,753 A $10.0586(2) 1,117,976 I(1) By Turtle Creek Investment Fund(1)
Common Stock 11/05/2024 P 10,169 A $10.0586(2) 770,632 I(1) By Turtle Creek United States Equity Fund(1)
Common Stock 11/05/2024 P 135,000 A $10.0586(2) 445,600 I(1) By Turtle Creek Synthetic PE Fund(1)
Common Stock 11/05/2024 P 135,000 A $10.0586(2) 206,800 I(1) By Turtle Creek North American Equity Fund(1)
Common Stock 11/06/2024 P 120,617 A $10.7066(3) 11,872,529 I(1) By Turtle Creek Equity Fund(1)
Common Stock 11/06/2024 P 11,474 A $10.7066(3) 1,129,450 I(1) By Turtle Creek Investment Fund(1)
Common Stock 11/06/2024 P 7,909 A $10.7066(3) 778,541 I(1) By Turtle Creek United States Equity Fund(1)
Common Stock 11/06/2024 P 105,000 A $10.7066(3) 550,600 I(1) By Turtle Creek Synthetic PE Fund(1)
Common Stock 11/06/2024 P 105,000 A $10.7066(3) 311,800 I(1) By Turtle Creek North American Equity Fund(1)
Common Stock 11/07/2024 P 68,923 A $10.4751(4) 11,941,452 I(1) By Turtle Creek Equity Fund(1)
Common Stock 11/07/2024 P 6,557 A $10.4751(4) 1,136,007 I(1) By Turtle Creek Investment Fund(1)
Common Stock 11/07/2024 P 4,520 A $10.4751(4) 783,061 I(1) By Turtle Creek United States Equity Fund(1)
Common Stock 11/07/2024 P 60,000 A $10.4751(4) 610,600 I(1) By Turtle Creek Synthetic PE Fund(1)
Common Stock 11/07/2024 P 60,000 A $10.4751(4) 371,800 I(1) By Turtle Creek North American Equity Fund(1)
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)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Turtle Creek Asset Management Inc.
SCOTIA PLAZA
40 KING STREET WEST, SUITE 5100
TORONTO, A6 M5H 3Y2
X

Signatures

/s/ Meaghan Einav, Chief Compliance Officer 11/07/2024
**Signature of Reporting Person Date

Explanation of Responses:

* 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) The Reporting Person serves as investment manager to each of Turtle Creek Equity Fund, Turtle Creek Investment Fund, Turtle Creek United States Equity Fund, Turtle Creek North American Equity Fund and Turtle Creek Synthetic PE Fund. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(2) The price reported in Column 4 is a weighted average price. These shares of the Issuer's Common Stock were purchased in multiple transactions at prices ranging from $9.55 to $10.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) through (4) herein.
(3) The price reported in Column 4 is a weighted average price. These shares of the Issuer's Common Stock were purchased in multiple transactions at prices ranging from $10.18 to $10.95, inclusive.
(4) The price reported in Column 4 is a weighted average price. These shares of the Issuer's Common Stock were purchased in multiple transactions at prices ranging from $10.262 to $10.94, inclusive.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.