Christopher C. Nelson - 12 Jun 2023 Form 4 Insider Report for BEACON ROOFING SUPPLY INC

Role
EVP & CIO
Signature
/s/ Christopher C. Nelson
Issuer symbol
N/A
Transactions as of
12 Jun 2023
Net transactions value
-$346,549
Form type
4
Filing time
14 Jun 2023, 16:01:51 UTC
Previous filing
03 Mar 2023
Next filing
18 Jul 2023

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 $78,351 +2,165 $36.19 2,165 12 Jun 2023 Direct F1
transaction BECN Common Stock, $0.01 par value Sale $157,937 -2,165 -100% $72.95 0 12 Jun 2023 Direct F1
transaction BECN Common Stock, $0.01 par value Options Exercise $73,977 +2,583 $28.64 2,583 12 Jun 2023 Direct F1
transaction BECN Common Stock, $0.01 par value Sale $188,430 -2,583 -100% $72.95 0 12 Jun 2023 Direct F1
transaction BECN Common Stock, $0.01 par value Options Exercise $129,295 +3,863 $33.47 3,863 12 Jun 2023 Direct F1
transaction BECN Common Stock, $0.01 par value Sale $281,806 -3,863 -100% $72.95 0 12 Jun 2023 Direct F1
holding BECN Common Stock, $0.01 par value 13,111 12 Jun 2023 By Nelson Revocable Trust

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 -2,165 -100% $0.000000* 0 12 Jun 2023 Common Stock, $0.01 par value 2,165 $36.19 Direct F1, F2
transaction BECN Stock Option (right to buy) Options Exercise $0 -2,583 -100% $0.000000* 0 12 Jun 2023 Common Stock, $0.01 par value 2,583 $28.64 Direct F1, F2
transaction BECN Stock Option (right to buy) Options Exercise $0 -3,863 -57% $0.000000 2,955 12 Jun 2023 Common Stock, $0.01 par value 3,863 $33.47 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1(c) plan adopted on March 13, 2023.
F2 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.