Christopher C. Nelson - Nov 11, 2022 Form 4 Insider Report for BEACON ROOFING SUPPLY INC (BECN)

Role
EVP & CIO
Signature
/s/ Christopher C. Nelson
Stock symbol
BECN
Transactions as of
Nov 11, 2022
Transactions value $
-$803,386
Form type
4
Date filed
11/15/2022, 03:06 PM
Previous filing
Jun 10, 2022
Next filing
Dec 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BECN Common Stock, $0.01 par value Options Exercise $166K +5.5K $30.15 5.5K Nov 11, 2022 Direct F1
transaction BECN Common Stock, $0.01 par value Sale -$321K -5.5K -100% $58.45 0 Nov 11, 2022 Direct F1, F2
transaction BECN Common Stock, $0.01 par value Options Exercise $195K +7.14K $27.26 7.14K Nov 11, 2022 Direct F1
transaction BECN Common Stock, $0.01 par value Sale -$419K -7.14K -100% $58.61 0 Nov 11, 2022 Direct F1, F3
transaction BECN Common Stock, $0.01 par value Options Exercise $0 +2.24K $0.00 2.24K Nov 12, 2022 Direct
transaction BECN Common Stock, $0.01 par value Tax liability -$59.7K -1.01K -45.11% $59.04 1.23K Nov 12, 2022 Direct
transaction BECN Common Stock, $0.01 par value Award $0 +6.41K +521.14% $0.00 7.64K Nov 12, 2022 Direct F4
transaction BECN Common Stock, $0.01 par value Tax liability -$125K -2.12K -27.71% $59.04 5.52K Nov 12, 2022 Direct
transaction BECN Common Stock, $0.01 par value Sale -$239K -4.07K -73.75% $58.71 1.45K Nov 15, 2022 Direct F1
transaction BECN Common Stock, $0.01 par value Gift $0 -1.45K -100% $0.00* 0 Nov 15, 2022 Direct F5
transaction BECN Common Stock, $0.01 par value Gift $0 +1.45K +11.06% $0.00 14.6K Nov 15, 2022 By Nelson Revocable Trust F5

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 BECN Stock Option (right to buy) Options Exercise $0 -5.5K -100% $0.00* 0 Nov 11, 2022 Common Stock, $0.01 par value 5.5K $30.15 Direct F1, F6
transaction BECN Stock Option (right to buy) Options Exercise $0 -7.14K -100% $0.00* 0 Nov 11, 2022 Common Stock, $0.01 par value 7.14K $27.26 Direct F1, F6
transaction BECN Restricted Stock Units (RSUs) Options Exercise $0 -2.24K -100% $0.00* 0 Nov 12, 2022 Common Stock, $0.01 par value 2.24K Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 plan.
F2 This transaction was executed in multiple trades at prices ranging from $58.02 USD to $59.02 USD; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes, upon request, to provide to Beacon Roofing Supply, Inc. (the "Issuer"), any security holder of the Issuer, or the Securities and Exchange Commission, full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $58.01 USD to $59.30 USD; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes, upon request, to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, full information regarding the number of shares and prices at which the transaction was effected.
F4 Represents shares issued upon settlement of restricted stock units on satisfaction of performance criteria.
F5 Represents a transfer to the Nelson Revocable Trust, dated June 2, 2022, of which the Reporting Person and his spouse serve as trustees.
F6 The stock options were scheduled to vest in three (3) equal annual installments, beginning on this date (the first anniversary of the grant date) and followed by the two subsequent anniversaries of this date.
F7 Each restricted stock unit represents a contingent right to receive one (1) share of BECN common stock.
F8 On November 12, 2019, the reporting individual was granted restricted stock units which vested and settled on the third anniversary of the grant date.