Mitchell B. Lewis - 20 May 2021 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
PRESIDENT AND CEO, Director
Signature
/s/Shyam K. Reddy, as attorney-in-fact for Mitchell B. Lewis
Issuer symbol
BXC
Transactions as of
20 May 2021
Net transactions value
-$2,917,982
Form type
4
Filing time
24 May 2021, 20:28:23 UTC
Next filing
28 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Sale $241,730 -4,674 -2.4% $51.72 186,691 20 May 2021 By grantor retained annuity trust F1, F2
transaction BXC Common Stock Sale $413,300 -7,851 -4.2% $52.64 178,840 20 May 2021 By grantor retained annuity trust F1, F3
transaction BXC Common Stock Sale $244,909 -4,581 -2.6% $53.46 174,259 20 May 2021 By grantor retained annuity trust F1, F4
transaction BXC Common Stock Sale $510,354 -9,429 -5.4% $54.13 164,830 21 May 2021 By grantor retained annuity trust F1, F5
transaction BXC Common Stock Sale $694,248 -12,639 -7.7% $54.93 152,191 21 May 2021 By grantor retained annuity trust F1, F6
transaction BXC Common Stock Sale $41,912 -755 -0.5% $55.51 151,436 21 May 2021 By grantor retained annuity trust F1, F7
transaction BXC Common Stock Sale $300,546 -5,556 -3.7% $54.09 145,880 24 May 2021 By grantor retained annuity trust F1, F8
transaction BXC Common Stock Sale $384,499 -6,972 -4.8% $55.15 138,908 24 May 2021 By grantor retained annuity trust F1, F9
transaction BXC Common Stock Sale $86,484 -1,550 -1.1% $55.80 137,358 24 May 2021 By grantor retained annuity trust F1, F10

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
holding BXC Restricted Stock Units 30,715 20 May 2021 Common Stock 30,715 Direct F11, F12
holding BXC Restricted Stock Units 10,240 20 May 2021 Common Stock 10,240 Direct F11, F13
holding BXC Restricted Stock Units 38,333 20 May 2021 Common Stock 38,333 Direct F11, F14
holding BXC Restricted Stock Units 100,000 20 May 2021 Common Stock 100,000 Direct F11, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2021
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $51.20 to $52.19, inclusive. The reporting person undertakes to provide to BlueLinx Holdings Inc., any securityholder of BlueLinx Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 through 10 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $52.25 to $53.19, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $53.22 to $53.76, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $53.44 to $54.43, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $54.44 to $55.43, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $55.44 to $55.62, inclusive
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $53.61 to $54.56, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $54.605 to $55.59, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $55.60 to $56.12, inclusive
F11 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F12 These are performance-based restricted stock units that were granted on June 8, 2018. The performance criteria were satisfied on November 12, 2020, upon certification by the Compensation Committee of the Board of Directors. These performance-based restricted stock units will vest on June 8, 2021, and vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F13 These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2019. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F14 These are time-based restricted stock units that vest in three equal annual installments commencing on June 7, 2020. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F15 These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2021. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.