Michael Wilson - Jun 30, 2024 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
Chief Commercial Officer
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Michael Wilson
Stock symbol
BXC
Transactions as of
Jun 30, 2024
Transactions value $
-$40,587
Form type
4
Date filed
7/2/2024, 02:19 PM
Previous filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +1.02K +77.51% 2.34K Jun 30, 2024 Direct F1, F2, F3
transaction BXC Common Stock Tax liability -$40.6K -436 -18.66% $93.09 1.9K Jun 30, 2024 Direct F4

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 -1.02K -50% $0.00 1.02K Jun 30, 2024 Common Stock 1.02K Direct F1, F2
holding BXC Restricted Stock Units 2.23K Jun 30, 2024 Common Stock 2.23K Direct F2, F5
holding BXC Restricted Stock Units 2.91K Jun 30, 2024 Common Stock 2.91K Direct F2, F6
* 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 30, 2024. These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 1,020 restricted stock units vesting on June 30, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F3 Represents the total number of shares owned by Mr. Wilson immediately after 1,020 shares vested on June 30, 2024. This includes a correction to the total number of shares owned by Mr. Wilson, which was previously reported as 1,246 shares following the vesting of 1,118 shares vesting on June 8, 2024, less the tax withholding of 509 shares. As of June 8, 2024, Mr. Wilson owned 1,316 shares, following the vesting of 1,188 shares vesting on June 8, 2024, less the tax withholding of 509 shares.
F4 These shares were withheld to cover tax withholding obligations when 1,020 time-based restricted stock units vested on June 30, 2024.
F5 These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 1,115 restricted stock units vesting on June 7, 2024. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
F6 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.