Kevin A. Henry - 15 Mar 2023 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
Chief People Officer
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Kevin A. Henry
Issuer symbol
BXC
Transactions as of
15 Mar 2023
Net transactions value
-$76,314
Form type
4
Filing time
17 Mar 2023, 16:34:12 UTC
Previous filing
05 Jul 2022
Next filing
03 May 2023
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 +3,333 3,333 15 Mar 2023 Direct F1, F2
transaction BXC Common Stock Tax liability $76,314 -1,004 -30% $76.01 2,329 15 Mar 2023 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 -3,333 -33% $0.000000 6,667 15 Mar 2023 Common Stock 3,333 Direct F1, F2
holding BXC Restricted Stock Units 4,054 15 Mar 2023 Common Stock 4,054 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 March 15, 2023. These are time-based restricted stock units that vest in three equal annual installments commencing on March 15, 2023. Vested shares will be delivered to the reporting person not later than 30 days after the 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 3,333 time-based restricted stock units vested on March 15, 2023.
F4 These are time-based restricted stock units that vest in three equal annual installments commencing on June 30, 2023. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.