Mitchell B. Lewis - 14 Jul 2022 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role: Director
Signature: /s/ Shyam K. Reddy, as attorney-in-fact for Mitchell B. Lewis
Issuer symbol: BXC
Transactions as of: 14 Jul 2022
Net transactions value: -$2,457,378
Form type: 4
Filing time: 18 Jul 2022, 19:19:04 UTC
Previous filing: 08 Jun 2022
Next filing: 03 Aug 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		+71,875	+439%		88,246	14 Jul 2022	Direct	F1, F2
transaction	BXC	Common Stock	Tax liability	$2,457,378	-34,572	-39%	$71.08	53,674	14 Jul 2022	Direct	F3
holding	BXC	Common Stock						59,574	14 Jul 2022	By grantor retained annuity trust

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	-71,875	-100%	$0.000000^*	0	14 Jul 2022	Common Stock	71,875		Direct	F1, F2
holding	BXC	Restricted Stock Units						1,384	14 Jul 2022	Common Stock	1,384		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 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 71,875 performance-based restricted stock units vested on July 14, 2022.
F4	The restricted stock units vest on May 19, 2023. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.