Mitchell B. Lewis - May 26, 2021 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Signature
/s/Shyam K. Reddy, as attorney-in-fact for Mitchell B. Lewis
Stock symbol
BXC
Transactions as of
May 26, 2021
Transactions value $
-$2,898,098
Form type
4
Date filed
5/28/2021, 08:20 PM
Previous filing
May 24, 2021
Next filing
Jun 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Sale -$954K -18.7K -13.63% $50.99 119K May 26, 2021 By grantor retained annuity trust F1, F2
transaction BXC Common Stock Sale -$275K -5.31K -4.47% $51.76 113K May 26, 2021 By grantor retained annuity trust F1, F3
transaction BXC Common Stock Sale -$4.93K -94 -0.08% $52.45 113K May 26, 2021 By grantor retained annuity trust F1
transaction BXC Common Stock Sale -$360K -6.91K -6.1% $52.14 106K May 27, 2021 By grantor retained annuity trust F1, F4
transaction BXC Common Stock Sale -$296K -5.59K -5.26% $52.87 101K May 27, 2021 By grantor retained annuity trust F1, F5
transaction BXC Common Stock Sale -$36.9K -688 -0.68% $53.64 100K May 27, 2021 By grantor retained annuity trust F1, F6
transaction BXC Common Stock Sale -$379K -7.64K -7.63% $49.68 92.4K May 28, 2021 By grantor retained annuity trust F1, F7
transaction BXC Common Stock Sale -$556K -11K -11.9% $50.60 81.4K May 28, 2021 By grantor retained annuity trust F1, F8
transaction BXC Common Stock Sale -$35.4K -681 -0.84% $52.03 80.7K May 28, 2021 By grantor retained annuity trust F1, F9

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
holding BXC Restricted Stock Units 30.7K May 26, 2021 Common Stock 30.7K Direct F10, F11
holding BXC Restricted Stock Units 10.2K May 26, 2021 Common Stock 10.2K Direct F10, F12
holding BXC Restricted Stock Units 38.3K May 26, 2021 Common Stock 38.3K Direct F10, F13
holding BXC Restricted Stock Units 100K May 26, 2021 Common Stock 100K Direct F10, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $50.45 to $51.44, inclusive. The reporting person undertakes to provide to BlueLinx Holdings Inc., any securityholder of BlueLinx Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 through 9 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $51.45 to $52.28, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $51.50 to $52.48, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $52.50 to $53.48, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $53.57 to $53.76, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $49.21 to $50.19, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $50.24 to $51.21, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $51.44 to $52.20, inclusive.
F10 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F11 These are performance-based restricted stock units that were granted on June 8, 2018. The performance criteria were satisfied on November 12, 2020, upon certification by the Compensation Committee of the Board of Directors. These performance-based restricted stock units will vest on June 8, 2021, and vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F12 These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2019. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F13 These are time-based restricted stock units that vest in three equal annual installments commencing on June 7, 2020. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F14 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 each vesting date.