Kelly Janzen - Jun 30, 2023 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role: SVP, CFO AND TREASURER
Signature: /s/ Brad Resler, as attorney-in-fact for Kelly Janzen
Stock symbol: BXC
Transactions as of: Jun 30, 2023
Transactions value $: -$65,458
Form type: 4
Date filed: 7/3/2023, 05:08 PM
Previous 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		+1.34K	+2.26%		60.7K	Jun 30, 2023	Direct	F1, F2
transaction	BXC	Common Stock	Tax liability	-$65.5K	-698	-1.15%	$93.78	60K	Jun 30, 2023	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	-1.34K	-33.34%	$0.00	2.68K	Jun 30, 2023	Common Stock	1.34K		Direct	F1, F2
holding	BXC	Restricted Stock Units						3.03K	Jun 30, 2023	Common Stock	3.03K		Direct	F2, F4
holding	BXC	Restricted Stock Units						4.47K	Jun 30, 2023	Common Stock	4.47K		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 June 30, 2023. 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 not later than 30 days after the 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 1,339 time-based restricted stock units vested on June 30, 2023.
F4	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 that later than 30 days after the vesting date.
F5	These are time-based restricted stock units that vest in three equal annual installments commencing on June 7, 2024. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.