Kelly Janzen - 01 Feb 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
Issuer symbol
BXC
Transactions as of
01 Feb 2022
Net transactions value
-$248,868
Form type
4
Filing time
03 Feb 2022, 15:15:42 UTC
Previous filing
09 Jun 2021
Next filing
10 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +6,500 +20% 38,672 01 Feb 2022 Direct F1, F2
transaction BXC Common Stock Tax liability $248,868 -3,328 -8.6% $74.78 35,344 01 Feb 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 -6,500 -100% $0.000000* 0 01 Feb 2022 Common Stock 6,500 Direct F1, F2
holding BXC Restricted Stock Units 43,851 01 Feb 2022 Common Stock 43,851 Direct F2, F4
holding BXC Restricted Stock Units 9,091 01 Feb 2022 Common Stock 9,091 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.