John L. Buckley - Nov 22, 2021 Form 4 Insider Report for Cornerstone Building Brands, Inc. (CNR)

Role
Pres., Siding Division
Signature
/s/ Peter Talosig (by power of attorney)
Stock symbol
CNR
Transactions as of
Nov 22, 2021
Transactions value $
-$578,194
Form type
4
Date filed
11/23/2021, 03:58 PM
Previous filing
Nov 18, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNR Common Stock, $0.01 par value Options Exercise $184K +15.1K +11.93% $12.16 142K Nov 22, 2021 Direct
transaction CNR Common Stock, $0.01 par value Options Exercise $52.8K +11.7K +8.22% $4.52* 154K Nov 22, 2021 Direct
transaction CNR Common Stock,$0.01 par value Sale -$815K -47.1K -30.68% $17.29 107K Nov 22, 2021 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 CNR Option (Right to Buy) Options Exercise $0 -15.1K -7.96% $0.00 175K Nov 22, 2021 Common Stock, $0.01 par value 15.1K $12.16 Direct F2
transaction CNR Option (Right to Buy) Options Exercise $0 -11.7K -33% $0.00 23.7K Nov 22, 2021 Common Stock, $0.01 par value 11.7K $4.52 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $17.25 to $17.385. The reporting person undertakes to provide to Cornerstone Building Brands, Inc., any security holder of Cornerstone Building Brands, Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
F2 The option vests in five equal annual installments beginning on November 16, 2019.
F3 The option vests in three equal annual installments beginning on March 16, 2021.