CURTIS M. STEVENS - 01 Nov 2022 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role: Director
Signature: /s/ Paul B. Cornett, Power of Attorney
Issuer symbol: NX
Transactions as of: 01 Nov 2022
Net transactions value: -$87,013
Form type: 4
Filing time: 03 Nov 2022, 16:38:45 UTC
Previous filing: 08 Jun 2022
Next filing: 06 Sep 2023
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	$0	+4,118		$0.000000	4,118	02 Nov 2022	Direct
transaction	NX	Common Stock	Disposed to Issuer	$87,013	-4,118	-100%	$21.13	0	02 Nov 2022	Direct	F1

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	+4,838	+20%	$0.000000	29,258	01 Nov 2022	Common Stock	4,838		Direct	F2, F3
transaction	NX	Restricted Stock Units	Options Exercise	$0	-4,118	-14%	$0.000000	25,140	02 Nov 2022	Common Stock	4,118		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	Represents the total number of restricted stock units that were settled in cash pursuant to their terms.
F2	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.
F3	The restricted stock units vested immediately and will become payable upon the third anniversary of their grant date, pursuant to the payment election made by the reporting person.
F4	The restricted stock units vested immediately and became payable upon the second anniversary of their grant date, pursuant to the payment election made by the reporting person.