Paul B. Cornett - 03 Jan 2022 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role
SVP General Counsel, Secretary
Signature
/s/ Paul B. Cornett
Issuer symbol
NX
Transactions as of
03 Jan 2022
Net transactions value
-$5,835
Form type
4
Filing time
04 Jan 2022, 15:11:30 UTC
Previous filing
13 Dec 2021
Next filing
06 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NX Common Stock Options Exercise $31,665 +1,500 +5.4% $21.11 29,473 03 Jan 2022 Direct F1, F2
transaction NX Common Stock Sale $37,500 -1,500 -5.1% $25.00 27,973 03 Jan 2022 Direct F1, F2

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 NX Stock Options (Right to Buy) Options Exercise $0 -1,500 -100% $0.000000* 0 03 Jan 2022 Common Stock 1,500 $21.11 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were exercised pursuant to a Rule 10b5-1 preset diversification program previously adopted by the reporting person in July 2021.
F2 Includes 12.99 shares credited to the reporting person's account as the result of prior dividend reinvestments under the Company's Employee Stock Purchase Plan.
F3 The options became exercisable in 1/3 increments annually beginning one year from the grant date.