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

Role
EVP & CTO
Signature
/s/ Christopher C. Nelson
Issuer symbol
N/A
Transactions as of
12 Nov 2023
Net transactions value
-$539,568
Form type
4
Filing time
14 Nov 2023, 16:27:02 UTC
Previous filing
18 Jul 2023
Next filing
22 Nov 2023
SEC
View on sec.gov

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 $0 +2,096 $0.000000 2,096 12 Nov 2023 Direct
transaction BECN Common Stock, $0.01 par value Tax liability $71,792 -946 -45% $75.89 1,150 12 Nov 2023 Direct
transaction BECN Common Stock, $0.01 par value Award $0 +7,965 +693% $0.000000 9,115 12 Nov 2023 Direct F1
transaction BECN Common Stock, $0.01 par value Tax liability $272,673 -3,593 -39% $75.89 5,522 12 Nov 2023 Direct
transaction BECN Common Stock, $0.01 par value Sale $195,104 -2,523 -46% $77.33 2,999 14 Nov 2023 Direct F2
transaction BECN Common Stock, $0.01 par value Gift $0 -2,999 -100% $0.000000* 0 14 Nov 2023 Direct F3
transaction BECN Common Stock, $0.01 par value Gift $0 +2,999 +22% $0.000000 16,912 14 Nov 2023 By Nelson Revocable Trust 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 BECN Restricted Stock Units (RSUs) Options Exercise $0 -2,096 -100% $0.000000* 0 12 Nov 2023 Common Stock, $0.01 par value 2,096 Direct F4, F5
* 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 Represents shares issued upon settlement of restricted stock units on satisfaction of performance criteria.
F2 Transaction made pursuant to a Rule 10b5-1(c) plan adopted on March 13, 2023.
F3 Represents a transfer to the Nelson Revocable Trust, dated June 2, 2022, of which the Reporting Person and his spouse serve as trustees.
F4 Each restricted stock unit represents a contingent right to receive one (1) share of BECN common stock.
F5 On November 12, 2020, the reporting individual was granted restricted stock units which vested and settled on the third anniversary of the grant date.