Sean M. McDevitt - 10 Mar 2022 Form 4 Insider Report for BEACON ROOFING SUPPLY INC

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Mar 2022, 20:42:16 UTC
Prior SEC filing
13 May 2021
Next SEC filing
03 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sean M. McDevitt

Key filing fact

Sean M. McDevitt filed Form 4 for BEACON ROOFING SUPPLY INC on 14 Mar 2022.

Key facts

  • This page summarizes Sean M. McDevitt's Form 4 filing for BEACON ROOFING SUPPLY INC.
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 14 Mar 2022, 20:42.

Change

  • Previous filing in this sequence was filed on 13 May 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BECN transaction Derivative

Restricted Stock Units (RSUs)

Award

Transaction value
$0
Shares
+9,320
Change %
Price
$0.000000
Shares after
9,320
Date
10 Mar 2022
Ownership
Direct
Underlying class
Common Stock, $0.01 par value
Underlying amount
9,320
Exercise price
Footnotes
F1, F2
BECN transaction Derivative

Restricted Stock Units (RSUs)

Award

Transaction value
$0
Shares
+1,378
Change %
Price
$0.000000
Shares after
1,378
Date
10 Mar 2022
Ownership
Direct
Underlying class
Common Stock, $0.01 par value
Underlying amount
1,378
Exercise price
Footnotes
F1, F3
BECN transaction Derivative

Stock Option (right to buy)

Award

Transaction value
$0
Shares
+3,067
Change %
Price
$0.000000
Shares after
3,067
Date
10 Mar 2022
Ownership
Direct
Underlying class
Common Stock, $0.01 par value
Underlying amount
3,067
Exercise price
$58.98
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one (1) share of BECN common stock.

Footnote F2

These restricted stock units consist of four equal portions, with one portion relating to a performance period of 3/10/2022 to 3/31/2024, one portion relating to a performance period of 3/10/2022 to 3/31/2025 and two portions relating to performance periods of 3/10/2022 to 3/31/2026. Each performance period has a performance goal of a stock price target ($70.00, $82.50, $95.00 and $107.50, respectively). If any performance period's stock price target is not met, and a subsequent performance period stock price target is met, then any prior performance period's stock price targets shall be then deemed met. In the event a performance period stock price target is met, half the shares subject to such performance period shall vest immediately and the remaining half of the shares subject to that performance period shall vest on 3/31/2026.

Footnote F3

These restricted stock units are scheduled to vest on the third anniversary of the grant date.

Footnote F4

The stock options are scheduled to vest in three (3) equal annual installments beginning on the first anniversary of the grant date.

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