William C. Griffiths - Dec 20, 2021 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role: Executive Chairman, Director
Signature: /s/ Paul B. Cornett, Power of Attorney
Stock symbol: NX
Transactions as of: Dec 20, 2021
Transactions value $: -$526,190
Form type: 4
Date filed: 12/21/2021, 03:02 PM
Previous filing: Dec 6, 2021
Next filing: Nov 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NX	Common Stock	Award	$0	+58.5K	+26.95%	$0.00	276K	Dec 20, 2021	Direct	F1
transaction	NX	Common Stock	Tax liability	-$526K	-23K	-8.35%	$22.85	253K	Dec 20, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 5, 2018, the reporting person was granted a target number of performance restricted stock units, with a potential payout from 0% to 150% of target based on the Company's absolute total shareholder return over the three year period from November 1, 2018 through October 31, 2021. The payout amount was finalized on December 19, 2021, resulting in the issuance of common stock on December 20, 2021.
F2	Shares were withheld to cover taxes due in connection with the grant of common stock relating to the vesting of Performance Restricted Stock Units originally granted on December 5, 2018.

Content

On December 5, 2018, the reporting person was granted a target number of performance restricted stock units, with a potential payout from 0% to 150% of target based on the Company's absolute total shareholder return over the three year period from November 1, 2018 through October 31, 2021. The payout amount was finalized on December 19, 2021, resulting in the issuance of common stock on December 20, 2021.

Shares were withheld to cover taxes due in connection with the grant of common stock relating to the vesting of Performance Restricted Stock Units originally granted on December 5, 2018.