R. Andrew Wamser Jr. - 17 Jul 2024 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
SVP & Chief Financial Officer
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Andrew Wamser
Issuer symbol
BXC
Transactions as of
17 Jul 2024
Net transactions value
-$163,721
Form type
4
Filing time
18 Jul 2024, 15:32:50 UTC
Previous filing
11 Jun 2024
Next filing
05 Feb 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 +3,537 3,537 17 Jul 2024 Direct F1, F2
transaction BXC Common Stock Tax liability $120,443 -1,052 -30% $114.49 2,485 17 Jul 2024 Direct F3
transaction BXC Common Stock Options Exercise +1,271 +51% 3,756 17 Jul 2024 Direct F2, F4
transaction BXC Common Stock Tax liability $43,277 -378 -10% $114.49 3,378 17 Jul 2024 Direct F5

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 -3,537 -33% $0.000000 7,073 17 Jul 2024 Common Stock 3,537 Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -1,271 -33% $0.000000 2,542 17 Jul 2024 Common Stock 1,271 Direct F2, F4
holding BXC Restricted Stock Units 3,680 17 Jul 2024 Common Stock 3,680 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 July 17, 2024. These are time-based restricted stock units that were granted to the Reporting Person pursuant to that certain Employment Agreement, dated July 6, 2023, between the Company and the Reporting Person. The units vest in three equal annual installments, with the first installment of 3,537 restricted stock units vesting on July 17, 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 3,537 time-based restricted stock units vested on July 17, 2024.
F4 Represents the conversion of restricted stock units that vested on July 17, 2024. These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 1,271 restricted stock units vesting on July 17, 2024.
F5 These shares were withheld to cover tax withholding obligations when 1,271 time-based restricted stock units vested on July 17, 2024.
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.