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

Role
Chief Human Resource Officer
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Brian J. Sasadu
Stock symbol
BXC
Transactions as of
Feb 15, 2022
Transactions value $
-$89,646
Form type
4
Date filed
2/17/2022, 03:15 PM
Previous filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +802 +14.85% 6.2K Feb 15, 2022 Direct F1, F2
transaction BXC Common Stock Tax liability -$21.1K -242 -3.9% $87.12 5.96K Feb 15, 2022 Direct F3
transaction BXC Common Stock Options Exercise +2.41K +40.35% 8.37K Feb 15, 2022 Direct F2, F4
transaction BXC Common Stock Tax liability -$68.6K -787 -9.41% $87.12 7.58K Feb 15, 2022 Direct F5

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 BXC Restricted Stock Units Options Exercise $0 -802 -100% $0.00* 0 Feb 15, 2022 Common Stock 802 Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -2.41K -100% $0.00* 0 Feb 15, 2022 Common Stock 2.41K Direct F2, F4
holding BXC Restricted Stock Units 1.8K Feb 15, 2022 Common Stock 1.8K Direct F2, F6
holding BXC Restricted Stock Units 5.33K Feb 15, 2022 Common Stock 5.33K Direct F2, F7
holding BXC Restricted Stock Units 4.2K Feb 15, 2022 Common Stock 4.2K Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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 802 time-based restricted stock units vested on February 15, 2022.
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.
F5 These shares were withheld to cover tax withholding obligations when 2,405 performance-based restricted stock units vested on February 15, 2022.
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.
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.
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.