CURTIS M. STEVENS - 01 Nov 2023 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 2023
Net transactions value
-$131,342
Form type
4
Filing time
02 Nov 2023, 16:37:48 UTC
Previous filing
06 Sep 2023
Next filing
05 Jan 2024
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 +4,797 +96% $0.000000 9,806 01 Nov 2023 Direct
transaction NX Common Stock Disposed to Issuer $131,342 -4,797 -49% $27.38 5,009 01 Nov 2023 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 +3,745 +13% $0.000000 33,036 01 Nov 2023 Common Stock 3,745 Direct F2, F3
transaction NX Restricted Stock Units Options Exercise $0 -4,797 -15% $0.000000 28,239 01 Nov 2023 Common Stock 4,797 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. The restricted stock units 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 were settled in cash on the second anniversary of their grant date, pursuant to the payment election made by the reporting person.