Brian J. Sasadu - Jun 7, 2021 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
Chief Human Resource Officer
Signature
/s/ Shyam K. Reddy, as attorney-in-fact for Brian J. Sasadu
Stock symbol
BXC
Transactions as of
Jun 7, 2021
Transactions value $
-$60,115
Form type
4
Date filed
6/9/2021, 04:33 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +1.8K +79.14% 4.08K Jun 7, 2021 Direct F1, F2
transaction BXC Common Stock Tax liability -$24.4K -543 -13.31% $44.96 3.54K Jun 7, 2021 Direct F3
transaction BXC Common Stock Options Exercise +2.67K +75.42% 6.2K Jun 8, 2021 Direct F2, F4
transaction BXC Common Stock Tax liability -$35.7K -803 -12.95% $44.46 5.4K Jun 8, 2021 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 -1.8K -49.99% $0.00 1.8K Jun 7, 2021 Common Stock 1.8K Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -2.67K -33.34% $0.00 5.33K Jun 8, 2021 Common Stock 2.67K Direct F2, F4
transaction BXC Restricted Stock Units Award $0 +4.2K $0.00 4.2K Jun 8, 2021 Common Stock 4.2K Direct F2, F8
holding BXC Restricted Stock Units 2.41K Jun 7, 2021 Common Stock 2.41K Direct F2, F6
holding BXC Restricted Stock Units 802 Jun 7, 2021 Common Stock 802 Direct F2, F7
* 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, 2021. These time- based restricted stock units 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.
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 1,802 time-based restricted stock units vested on February 15, 2021.
F4 Represents the conversion of restricted stock units that vested on June 8, 2021. 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.
F5 These shares were withheld to cover tax withholding obligations when 2,667 time-based restricted stock units vested on June 8, 2021.
F6 These are performance-based restricted stock units that were granted on February 15, 2019. 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 February 15, 2022, and vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F7 These are time-based restricted stock units that vest in three equal annual installments commencing on February 15, 2020. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F8 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 eachvesting date.