Adam Bowen - Jul 14, 2022 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
VP & CHIEF ACCOUNTING OFFICER
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Adam Bowen
Stock symbol
BXC
Transactions as of
Jul 14, 2022
Transactions value $
-$21,395
Form type
4
Date filed
7/18/2022, 07:16 PM
Previous filing
Jul 5, 2022
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +1K +91.24% 2.1K Jul 14, 2022 Direct F1, F2
transaction BXC Common Stock Tax liability -$21.4K -301 -14.36% $71.08 1.8K Jul 14, 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 -1K -100% $0.00* 0 Jul 14, 2022 Common Stock 1K Direct F1, F2
holding BXC Restricted Stock Units 685 Jul 14, 2022 Common Stock 685 Direct F2, F4
holding BXC Restricted Stock Units 1K Jul 14, 2022 Common Stock 1K Direct F2, F5
holding BXC Restricted Stock Units 606 Jul 14, 2022 Common Stock 606 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of performance-based restricted stock units that vested on July 14, 2022. These performance-based restricted stock units were granted on June 7, 2019, and achievement of the related performance criteria was certified by the Compensation Committee of the Board of Directors on July 14, 2022.
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 1,000 performance-based restricted stock units vested on July 14, 2022.
F4 These are time-based restricted stock units that vest in three equal annual installments commencing on June 30, 2023. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
F5 These are time-based restricted stock units that vest in two equal annual installments commencing on June 8, 2022. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F6 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 the vesting date.