Dalton David 4
4 · BlueLinx Holdings Inc. · Filed Jun 7, 2006
Insider Transaction Report
Form 4
Dalton David
Senior Vice President - West
Transactions
- Award
Stock Options (right to buy)
2006-06-05+10,000→ 10,000 totalExercise: $14.01Exp: 2016-06-05→ Common Stock (10,000 underlying) - Award
Common Stock
2006-06-05+5,055→ 10,291 total
Holdings
- 16,764
Stock Options (right to buy)
Exercise: $3.75→ Common Stock (16,764 underlying)
Footnotes (5)
- [F1]A portion of this common stock is subject to vesting based on certain time and performance requirements.
- [F2]Not applicable.
- [F3]Seventy percent of the options granted to Mr. Dalton will vest on the first, second and third anniversary of the grant date of August 30, 2004 in the proportion of 34%, 33% and 33%, respectively. The remaining thirty percent of his options will vest in equal amounts on December 31 following each of the first, second, third and fourth anniversary of the date of grant, provided that certain performance targets established by the Company's board or compensation committee are attained.
- [F4]Options expire on March 15th of the calendar year following the year during which they vest.
- [F5]These stock options vest in five equal annual installments commencing on January 3, 2007.