SCHENKEL FREDERICK B 4
4 · Builders FirstSource, Inc. · Filed Jul 28, 2011
Insider Transaction Report
Form 4
SCHENKEL FREDERICK B
Vice President, Manufacturing
Transactions
- Award
Employee Stock Option (right to buy)
2011-07-26+5,000→ 5,000 totalExercise: $3.15Exp: 2024-02-27→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-26−5,000→ 0 totalExercise: $3.15Exp: 2012-02-11→ Common Stock (5,000 underlying) - Award
Employee Stock Option (right to buy)
2011-07-26+5,000→ 5,000 totalExercise: $3.15Exp: 2022-02-11→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-26−13,000→ 0 totalExercise: $3.15Exp: 2013-01-01→ Common Stock (13,000 underlying) - Award
Employee Stock Option (right to buy)
2011-07-26+13,000→ 13,000 totalExercise: $3.15Exp: 2023-01-01→ Common Stock (13,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-26−5,000→ 0 totalExercise: $3.15Exp: 2014-02-27→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]The reported transactions involved an amendment of an outstanding option solely to extend the term, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The exercise price was not changed by the amendment. The option was originally granted on February 11, 2002 and vested based on the attainment of yearly financial targets on each of February 11, 2003-2007.
- [F2]The reported transactions involved an amendment of an outstanding option solely to extend the term, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The exercise price was not changed by the amendment. The option was originally granted on January 1, 2003 and vests based on the attainment of yearly financial targets on each of January 1, 2004-2008. If the targets are not met, any unvested options cliff vest on January 1, 2012.
- [F3]The reported transactions involved an amendment of an outstanding option solely to extend the term, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The exercise price was not changed by the amendment. The option was originally granted on March 1, 2004 and vested based on the Corporation achieving specified performance targets as follows: (i) one-sixth on December 31, 2004, based on performance targets for 2004, (ii) one-sixth on December 31, 2005, based on performance targets for 2005, (iii) one-sixth on December 31, 2006, based on performance targets for 2006, and (iv) one-half on December 31, 2006, based on performance targets for the three-year period including 2004, 2005, and 2006.