George Laverne Wilson - Dec 20, 2021 Form 4 Insider Report for Quanex Building Products CORP (NX)

Signature
/s/ Paul B. Cornett, Power of Attorney
Stock symbol
NX
Transactions as of
Dec 20, 2021
Transactions value $
-$220,914
Form type
4
Date filed
12/21/2021, 03:06 PM
Previous filing
Dec 13, 2021
Next filing
Dec 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NX Common Stock Award $0 +24.6K +18.93% $0.00 154K Dec 20, 2021 Direct F1
transaction NX Common Stock Tax liability -$221K -9.67K -6.26% $22.85 145K 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 17, 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.