BUCK ROBERT R 4
4 · Quanex Building Products CORP · Filed Mar 1, 2021
Insider Transaction Report
Form 4
BUCK ROBERT R
Director
Transactions
- Award
Phantom Stock Units
2021-02-25$24.35/sh+734.086$17,875→ 7,247.832 total→ Common Stock (734.086 underlying) - Disposition to Issuer
Restricted Stock Units
2021-02-25$24.35/sh−30,068$732,156→ 0 total→ Common Stock (30,068 underlying)
Footnotes (5)
- [F1]Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation.
- [F2]Each Phantom Stock Unit is the economic equivalent of one share of common stock. Distributions under the Deferred Compensation Plan are made in cash beginning on a specified date selected by the participant or upon the participant's death, disability, or termination of service as a director.
- [F3]Each Restricted Stock Unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock.
- [F4]The RSUs were payable upon the director's retirement from the Board.
- [F5]The restricted stock units vested immediately.