Shyam K. Reddy - 07 Jun 2024 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
President and CEO
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Shyam K. Reddy
Issuer symbol
BXC
Transactions as of
07 Jun 2024
Net transactions value
-$236,997
Form type
4
Filing time
11 Jun 2024, 20:16:39 UTC
Previous filing
03 Jul 2023
Next filing
10 Jun 2025
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 +5,412 +16% 40,304 07 Jun 2024 Direct F1, F2
transaction BXC Common Stock Tax liability $236,997 -2,427 -6% $97.65 37,877 07 Jun 2024 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 -5,412 -33% $0.000000 10,822 07 Jun 2024 Common Stock 5,412 Direct F1, F2
transaction BXC Restricted Stock Units Award $0 +15,361 $0.000000 15,361 07 Jun 2024 Common Stock 15,361 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 7, 2024. These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 5,412 restricted stock units vesting on June 7, 2024.
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 5,412 time-based restricted stock units vested on June 7, 2024.
F4 These are time-based restricted stock units that vest in three equal annual installments commencing on June 7, 2025. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.

Remarks:

Power of Attorney attached as Exhibit 24.