Michael Wilson - 30 Jun 2024 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
Chief Commercial Officer
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Michael Wilson
Issuer symbol
BXC
Transactions as of
30 Jun 2024
Net transactions value
-$40,587
Form type
4
Filing time
02 Jul 2024, 14:19:07 UTC
Previous filing
11 Jun 2024
Next filing
19 Dec 2024
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 +1,020 +78% 2,336 30 Jun 2024 Direct F1, F2, F3
transaction BXC Common Stock Tax liability $40,587 -436 -19% $93.09 1,900 30 Jun 2024 Direct F4

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 -1,020 -50% $0.000000 1,020 30 Jun 2024 Common Stock 1,020 Direct F1, F2
holding BXC Restricted Stock Units 2,229 30 Jun 2024 Common Stock 2,229 Direct F2, F5
holding BXC Restricted Stock Units 2,912 30 Jun 2024 Common Stock 2,912 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 restricted stock units that vested on June 30, 2024. These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 1,020 restricted stock units vesting on June 30, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F3 Represents the total number of shares owned by Mr. Wilson immediately after 1,020 shares vested on June 30, 2024. This includes a correction to the total number of shares owned by Mr. Wilson, which was previously reported as 1,246 shares following the vesting of 1,118 shares vesting on June 8, 2024, less the tax withholding of 509 shares. As of June 8, 2024, Mr. Wilson owned 1,316 shares, following the vesting of 1,188 shares vesting on June 8, 2024, less the tax withholding of 509 shares.
F4 These shares were withheld to cover tax withholding obligations when 1,020 time-based restricted stock units vested on June 30, 2024.
F5 These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 1,115 restricted stock units vesting on June 7, 2024. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
F6 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.