Shyam K. Reddy - Jun 8, 2022 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
CHIEF ADMINISTRATIVE OFFICER
Signature
/s/ Shyam K. Reddy
Stock symbol
BXC
Transactions as of
Jun 8, 2022
Transactions value $
-$570,544
Form type
4
Date filed
6/10/2022, 04:16 PM
Previous filing
Jun 9, 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 +12K +483.09% 14.5K Jun 8, 2022 Direct F1, F2
transaction BXC Common Stock Tax liability -$457K -5.41K -37.37% $84.50 9.07K Jun 8, 2022 Direct F3
transaction BXC Common Stock Options Exercise +2.97K +32.75% 12K Jun 8, 2022 Direct F2, F4
transaction BXC Common Stock Tax liability -$113K -1.34K -11.13% $84.50 10.7K Jun 8, 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 -12K -50% $0.00 12K Jun 8, 2022 Common Stock 12K Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -2.97K -33.34% $0.00 5.94K Jun 8, 2022 Common Stock 2.97K Direct F2, F4
* 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 8, 2022. 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 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 12,000 time-based restricted stock units vested on June 8, 2022.
F4 Represents the conversion of restricted stock units that vested on June 8, 2022. 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 the vesting date.
F5 These shares were withheld to cover tax withholding obligations when 2,971 time-based restricted stock units vested on June 8, 2022.