Paul B. Cornett - 01 Jan 2023 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: 01 Jan 2023
Net transactions value: -$185,083
Form type: 4
Filing time: 04 Jan 2023, 15:21:39 UTC
Previous filing: 20 Dec 2022
Next filing: 18 Jan 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	+7,816	+21%	$0.000000	45,443	01 Jan 2023	Direct	F1, F2
transaction	NX	Common Stock	Options Exercise	$185,083	-7,816	-17%	$23.68	37,627	01 Jan 2023	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	Restricted Stock Units	Options Exercise	$0	-7,816	-100%	$0.000000^*	0	01 Jan 2023	Common Stock	7,816		Direct	F3, 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	Includes 13.684 shares credited to the reporting person's account as the result of prior dividend reinvestments under the Company's Employee Stock Purchase Plan.
F3	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.
F4	The Restricted Stock Units vest on the three-year anniversary of the grant date, and are payable in cash if the grantee remains employed by the Company at that time.