Christopher C. Nelson - Mar 28, 2024 Form 4 Insider Report for BEACON ROOFING SUPPLY INC (BECN)

Role
EVP & CTO
Signature
/s/ Christopher C. Nelson
Stock symbol
BECN
Transactions as of
Mar 28, 2024
Transactions value $
-$182,943
Form type
4
Date filed
4/1/2024, 04:42 PM
Previous filing
Mar 8, 2024
Next filing
Jun 5, 2024

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 $124K +3.27K +1856.82% $37.89 3.44K Mar 28, 2024 Direct
transaction BECN Common Stock, $0.01 par value Sale -$307K -3.27K -94.89% $93.87 176 Mar 28, 2024 Direct
holding BECN Common Stock, $0.01 par value 15.2K Mar 28, 2024 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 -3.27K -100% $0.00* 0 Mar 28, 2024 Common Stock, $0.01 par value 3.27K $37.89 Direct F1
* 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 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.