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BlueLinx Holdings Inc. — Director's Dealing 2021
Mar 12, 2021
32700_dirs_2021-03-12_13918787-e3ab-43d9-87a0-29ce4bdded32.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BlueLinx Holdings Inc. (BXC)
CIK: 0001301787
Period of Report: 2021-02-15
Reporting Person: Sasadu Brian J. (Chief Human Resource Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-15 | Common Stock | M | 801 | — | Acquired | 2561 | Direct |
| 2021-02-15 | Common Stock | F | 284 | $42.84 | Disposed | 2277 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units | $ | M | 801 | Disposed | Common Stock (801.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (3605.0) | 3605 | Direct | |
| Restricted Stock Units | $ | Common Stock (2405.0) | 2405 | Direct | |
| Restricted Stock Units | $ | Common Stock (8000.0) | 8000 | Direct |
Footnotes
F1: Represents the conversion of restricted stock units that vested on February 15, 2021. These are time-based restricted stock units that vest in three equal annual installments commencing on February 15, 2020. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F2: Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F3: These shares were withheld to cover tax withholding obligations when 801 time-based restricted stock units vested on February 15, 2021.
F4: These time- based restricted stock units 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.
F5: These are performance-based restricted stock units that 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 will vest on February 15, 2022, and vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F6: 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.