Kelly Janzen - Jun 8, 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
Jun 8, 2022
Transactions value $
-$1,100,359
Form type
4
Date filed
6/10/2022, 04:15 PM
Previous filing
Feb 3, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +22K +62.13% 57.3K Jun 8, 2022 Direct F1, F2
transaction BXC Common Stock Tax liability -$967K -11.4K -19.97% $84.50 45.9K Jun 8, 2022 Direct F3
transaction BXC Common Stock Options Exercise +3.03K +6.61% 48.9K Jun 8, 2022 Direct F2, F4
transaction BXC Common Stock Tax liability -$134K -1.58K -3.23% $84.50 47.3K Jun 8, 2022 Direct F5

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 -22K -50.08% $0.00 21.9K Jun 8, 2022 Common Stock 22K Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -3.03K -33.34% $0.00 6.06K Jun 8, 2022 Common Stock 3.03K Direct F2, F4
* 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 June 8, 2022. 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 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 21,960 time-based restricted stock units vested on June 8, 2022.
F4 Represents the conversion of restricted stock units that vested on June 8, 2022. 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 no later than 30 days after each vesting date.
F5 These shares were withheld to cover tax withholding obligations when 3,031 time-based restricted stock units vested on June 8, 2022.