Kelly Janzen - Jun 8, 2021 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
SVP, CFO AND TREASURER
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Kelly C. Janzen
Stock symbol
BXC
Transactions as of
Jun 8, 2021
Transactions value $
-$408,676
Form type
4
Date filed
6/9/2021, 04:22 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +22K +113.17% 41.4K Jun 8, 2021 Direct F1, F2
transaction BXC Common Stock Tax liability -$409K -9.19K -22.22% $44.46 32.2K Jun 8, 2021 Direct F3

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 -22K -33.37% $0.00 43.9K Jun 8, 2021 Common Stock 22K Direct F1, F2
transaction BXC Restricted Stock Units Award $0 +9.09K $0.00 9.09K Jun 8, 2021 Common Stock 9.09K Direct F2, F5
holding BXC Restricted Stock Units 6.5K Jun 8, 2021 Common Stock 6.5K 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 conversion of restricted stock units that vested on June 8, 2021. These time-based restricted stock units 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.
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 21,960 time-based restricted stock units vested on June 8, 2021.
F4 These are time-based restricted stock units that vest in two equal annual installments commencing on February 1, 2021. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F5 These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2022. Vested shares will be delivered to the reporting person not later than 30 days after eachvesting date.