NOSBAUM LEROY D 4
4 · Quanex Building Products CORP · Filed Nov 2, 2018
Insider Transaction Report
Form 4
NOSBAUM LEROY D
Director
Transactions
- Exercise/Conversion
Common Stock
2018-11-01+3,610→ 6,110 total - Disposition to Issuer
Common Stock
2018-11-01$15.31/sh−3,610$55,269→ 2,500 total - Award
Restricted Stock Units
2018-11-01+5,184→ 24,840 total→ Common Stock (5,184 underlying) - Exercise/Conversion
Restricted Stock Units
2018-11-01−3,610→ 21,230 total→ Common Stock (3,610 underlying)
Footnotes (4)
- [F1]Represents the total number of restricted stock units that were settled in cash pursuant to their terms.
- [F2]Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of NX common stock.
- [F3]The restricted stock unit will vest immediately, but will not become payable until the director's death, disability, or cessation of service on the board, or in the event of a change in control.
- [F4]The restricted stock unit vested immediately and became payable on the one-year anniversary of its grant, pursuant to the payment election made by the grantee.