Alexander S. Averitt - 07 Jun 2021 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
Chief Operating Officer
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Alexander S. Averitt
Issuer symbol
BXC
Transactions as of
07 Jun 2021
Net transactions value
-$387,073
Form type
4
Filing time
09 Jun 2021, 16:13:24 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +4,166 +51% 12,361 07 Jun 2021 Direct F1, F2
transaction BXC Common Stock Tax liability $56,380 -1,254 -10% $44.96 11,107 07 Jun 2021 Direct F3
transaction BXC Common Stock Options Exercise +3,613 +33% 14,720 08 Jun 2021 Direct F2, F4
transaction BXC Common Stock Tax liability $72,470 -1,630 -11% $44.46 13,090 08 Jun 2021 Direct F5
transaction BXC Common Stock Options Exercise +1,205 +9.2% 14,295 08 Jun 2021 Direct F2, F6
transaction BXC Common Stock Tax liability $24,186 -544 -3.8% $44.46 13,751 08 Jun 2021 Direct F7
transaction BXC Common Stock Options Exercise +12,000 +87% 25,751 08 Jun 2021 Direct F2, F8
transaction BXC Common Stock Tax liability $234,037 -5,264 -20% $44.46 20,487 08 Jun 2021 Direct F9

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 BXC Restricted Stock Units Options Exercise $0 -4,166 -50% $0.000000 4,167 07 Jun 2021 Common Stock 4,166 Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -3,613 -100% $0.000000* 0 08 Jun 2021 Common Stock 3,613 Direct F2, F4
transaction BXC Restricted Stock Units Options Exercise $0 -1,205 -100% $0.000000* 0 08 Jun 2021 Common Stock 1,205 Direct F2, F6
transaction BXC Restricted Stock Units Options Exercise $0 -12,000 -33% $0.000000 24,000 08 Jun 2021 Common Stock 12,000 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of restricted stock units that vested on June 7, 2021. These are time-based restricted stock units that vest in three equal annual installments commencing June 7, 2020. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F2 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F3 These shares were withheld to cover tax withholding obligations when 4,166 time-based restricted stock units vested on June 7, 2021.
F4 Represents the conversion of restricted stock units that vested on June 8, 2021. These are performance-based restricted stock units that were granted on June 8, 2018. The performance criteria were satisfied on November 12, 2020 and certified by the Compensation Committee of the Board of Directors.
F5 These shares were withheld to cover tax withholding obligations when 3,613 performance-based restricted stock units vested on June 8, 2021.
F6 Represents the conversion of restricted stock units that vested on June 8, 2021. These are time-based restricted stock units that vested in three equal annual installments commencing June 8, 2019.
F7 These shares were withheld to cover tax withholding obligations when 1,205 time-based restricted stock units vested on June 8, 2021.
F8 Represents the conversion of restricted stock units that vested on June 8, 2021. 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.
F9 These shares were withheld to cover tax withholding obligations when 12,000 time-based restricted stock units vested on June 8, 2021.