Dwight Audley Konrad Gibson - Jun 7, 2022 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
President and CEO, Director
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Dwight Audley Konrad Gibson
Stock symbol
BXC
Transactions as of
Jun 7, 2022
Transactions value $
-$2,334,037
Form type
4
Date filed
6/9/2022, 04:17 PM
Previous filing
May 18, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +57.7K 57.7K Jun 7, 2022 Direct F1, F2
transaction BXC Common Stock Tax liability -$2.33M -25.8K -44.63% $90.60 32K Jun 7, 2022 Direct 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 BXC Restricted Stock Units Options Exercise $0 -57.7K -66.67% $0.00 28.9K Jun 7, 2022 Common Stock 57.7K Direct F1, F2
* 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 June 7, 2022. These are time-based restricted stock units that will vest with respect to 43,290 shares on June 7, 2022, and 14,430 shares on each of June 7, 2022, June 7, 2023 and June 7, 2024. Vested shares will be delivered to the reporting person not later than 30 days after the 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 57,720 time-based restricted stock units vested on June 7, 2022.