Jason Lippert - Nov 1, 2022 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role
Director
Signature
/s/ Paul B. Cornett, Power of Attorney
Stock symbol
NX
Transactions as of
Nov 1, 2022
Transactions value $
$0
Form type
4
Date filed
11/3/2022, 04:27 PM
Previous filing
Aug 29, 2022
Next filing
Dec 9, 2022

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 Restricted Stock Units Award $0 +4.84K +100.85% $0.00 9.64K Nov 1, 2022 Common Stock 4.84K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock.
F2 The restricted stock unit vested immediately. The restricted stock unit will become payable upon the grantee's death, disability, cessation of service as a director, or change in control of the Company.