Kelly Janzen - Feb 1, 2022 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
SVP, CFO AND TREASURER
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Kelly Janzen
Stock symbol
BXC
Transactions as of
Feb 1, 2022
Transactions value $
-$248,868
Form type
4
Date filed
2/3/2022, 03:15 PM
Previous filing
Jun 9, 2021
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +6.5K +20.2% 38.7K Feb 1, 2022 Direct F1, F2
transaction BXC Common Stock Tax liability -$249K -3.33K -8.61% $74.78 35.3K Feb 1, 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BXC Restricted Stock Units Options Exercise $0 -6.5K -100% $0.00* 0 Feb 1, 2022 Common Stock 6.5K Direct F1, F2
holding BXC Restricted Stock Units 43.9K Feb 1, 2022 Common Stock 43.9K Direct F2, F4
holding BXC Restricted Stock Units 9.09K Feb 1, 2022 Common Stock 9.09K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of restricted stock units that vested on February 1, 2022. These are time-based restricted stock units that vested in two equal annual installments commencing on February 1, 2021. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
F2 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F3 These shares were withheld to cover tax withholding obligations when 6,500 time-based restricted stock units vested on February 1, 2022.
F4 These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2021. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F5 These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2022. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.