John W. Stephens - Mar 7, 2024 Form 4 Insider Report for Core & Main, Inc. (CNM)

Role
VP, Corp. Controller
Signature
/s/ Mark Whittenburg, as Attorney-in-Fact for John W. Stephens
Stock symbol
CNM
Transactions as of
Mar 7, 2024
Transactions value $
$0
Form type
4
Date filed
3/11/2024, 09:12 PM
Previous filing
Mar 6, 2024
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNM Class A Common Stock Award $0 +813 +23.44% $0.00 4.28K Mar 7, 2024 Direct F1, F2
holding CNM Class A Common Stock 32 Mar 7, 2024 By LLC 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 CNM Options (Rights to Buy) Award $0 +6.37K $0.00 6.37K Mar 7, 2024 Class A Common Stock 6.37K $50.12 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer ("Class A common stock"). The RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the terms of the associated Participant Restricted Stock Unit Agreement.
F2 Includes RSUs previously granted to the reporting person.
F3 Represents securities held by Core & Main Management Feeder, LLC ("Management Feeder") in respect of common units ("Units") of Management Feeder directly held by the reporting person. Pursuant to the Fourth Amended and Restated LLC Agreement of Management Feeder, dated as of July 22, 2021, such vested Units held by the reporting person are redeemable at the discretion of the reporting person for shares of Class A common stock, on a one-for-one basis.
F4 The options vest in three equal installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the terms of the associated Participant Stock Option Agreement.