R. Andrew Wamser - Jul 17, 2024 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
SVP & Chief Financial Officer
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Andrew Wamser
Stock symbol
BXC
Transactions as of
Jul 17, 2024
Transactions value $
-$163,721
Form type
4
Date filed
7/18/2024, 03:32 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 +3.54K 3.54K Jul 17, 2024 Direct F1, F2
transaction BXC Common Stock Tax liability -$120K -1.05K -29.74% $114.49 2.49K Jul 17, 2024 Direct F3
transaction BXC Common Stock Options Exercise +1.27K +51.15% 3.76K Jul 17, 2024 Direct F2, F4
transaction BXC Common Stock Tax liability -$43.3K -378 -10.06% $114.49 3.38K Jul 17, 2024 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 -3.54K -33.34% $0.00 7.07K Jul 17, 2024 Common Stock 3.54K Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -1.27K -33.33% $0.00 2.54K Jul 17, 2024 Common Stock 1.27K Direct F2, F4
holding BXC Restricted Stock Units 3.68K Jul 17, 2024 Common Stock 3.68K 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 July 17, 2024. These are time-based restricted stock units that were granted to the Reporting Person pursuant to that certain Employment Agreement, dated July 6, 2023, between the Company and the Reporting Person. The units vest in three equal annual installments, with the first installment of 3,537 restricted stock units vesting on July 17, 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 3,537 time-based restricted stock units vested on July 17, 2024.
F4 Represents the conversion of restricted stock units that vested on July 17, 2024. These are time-based restricted stock units that vest in three equal annual installments, with the first installment of 1,271 restricted stock units vesting on July 17, 2024.
F5 These shares were withheld to cover tax withholding obligations when 1,271 time-based restricted stock units vested on July 17, 2024.
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.