Shyam K. Reddy - Jun 7, 2024 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
President and CEO
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Shyam K. Reddy
Stock symbol
BXC
Transactions as of
Jun 7, 2024
Transactions value $
-$236,997
Form type
4
Date filed
6/11/2024, 08:16 PM
Previous filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +5.41K +15.51% 40.3K Jun 7, 2024 Direct F1, F2
transaction BXC Common Stock Tax liability -$237K -2.43K -6.02% $97.65 37.9K Jun 7, 2024 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 -5.41K -33.34% $0.00 10.8K Jun 7, 2024 Common Stock 5.41K Direct F1, F2
transaction BXC Restricted Stock Units Award $0 +15.4K $0.00 15.4K Jun 7, 2024 Common Stock 15.4K 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 7, 2024. These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 5,412 restricted stock units vesting on June 7, 2024.
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 5,412 time-based restricted stock units vested on June 7, 2024.
F4 These are time-based restricted stock units that vest in three equal annual installments commencing on June 7, 2025. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.

Remarks:

Power of Attorney attached as Exhibit 24.