Brian J. Sasadu - 15 Feb 2022 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Feb 2022, 15:15:53 UTC
Prior SEC filing
09 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Shyam K. Reddy, as attorney-in-fact for Brian J. Sasadu

Key filing fact

Brian J. Sasadu filed Form 4 for BlueLinx Holdings Inc. (BXC) on 17 Feb 2022.

Key facts

  • This page summarizes Brian J. Sasadu's Form 4 filing for BlueLinx Holdings Inc. (BXC).
  • 6 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 17 Feb 2022, 15:15.

Change

  • Previous filing in this sequence was filed on 09 Jun 2021.
  • Current net transaction value: -$89,646.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BXC transaction

Common Stock

Options Exercise

Transaction value
Shares
+802
Change %
+15%
Price
Shares after
6,202
Date
15 Feb 2022
Ownership
Direct
Footnotes
F1, F2
BXC transaction

Common Stock

Tax liability

Transaction value
$21,083
Shares
-242
Change %
-3.9%
Price
$87.12
Shares after
5,960
Date
15 Feb 2022
Ownership
Direct
Footnotes
F3
BXC transaction

Common Stock

Options Exercise

Transaction value
Shares
+2,405
Change %
+40%
Price
Shares after
8,365
Date
15 Feb 2022
Ownership
Direct
Footnotes
F2, F4
BXC transaction

Common Stock

Tax liability

Transaction value
$68,563
Shares
-787
Change %
-9.4%
Price
$87.12
Shares after
7,578
Date
15 Feb 2022
Ownership
Direct
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BXC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-802
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
802
Exercise price
Footnotes
F1, F2
BXC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,405
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,405
Exercise price
Footnotes
F2, F4
BXC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,803
Date
15 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,803
Exercise price
Footnotes
F2, F6
BXC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,333
Date
15 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,333
Exercise price
Footnotes
F2, F7
BXC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,200
Date
15 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,200
Exercise price
Footnotes
F2, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Represents the conversion of restricted stock units that vested on February 15, 2022. These time-based restricted stock units vested in three equal annual installments commencing on February 15, 2020.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.

Footnote F3

These shares were withheld to cover tax withholding obligations when 802 time-based restricted stock units vested on February 15, 2022.

Footnote F4

Represents the conversion of restricted stock units that vested on February 15, 2022. These performance-based restricted stock units were granted on February 15, 2019. The performance criteria were satisfied on November 12, 2020, upon certification by the Compensation Committee of the Board of Directors. These performance-based restricted stock units vested on February 15, 2022.

Footnote F5

These shares were withheld to cover tax withholding obligations when 2,405 performance-based restricted stock units vested on February 15, 2022.

Footnote F6

These are time- based restricted stock units that vest in three equal annual installments commencing on June 7, 2020. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.

Footnote F7

These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2021. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.

Footnote F8

These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2022. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.

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