Home/Filings/4/0001209191-11-041381
4//SEC Filing

SCHENKEL FREDERICK B 4

Accession 0001209191-11-041381

CIK 0001316835other

Filed

Jul 27, 8:00 PM ET

Accepted

Jul 28, 6:19 PM ET

Size

18.1 KB

Accession

0001209191-11-041381

Insider Transaction Report

Form 4
Period: 2011-07-26
SCHENKEL FREDERICK B
Vice President, Manufacturing
Transactions
  • Award

    Employee Stock Option (right to buy)

    2011-07-26+5,0005,000 total
    Exercise: $3.15Exp: 2024-02-27Common Stock (5,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-07-265,0000 total
    Exercise: $3.15Exp: 2012-02-11Common Stock (5,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2011-07-26+5,0005,000 total
    Exercise: $3.15Exp: 2022-02-11Common Stock (5,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-07-2613,0000 total
    Exercise: $3.15Exp: 2013-01-01Common Stock (13,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2011-07-26+13,00013,000 total
    Exercise: $3.15Exp: 2023-01-01Common Stock (13,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-07-265,0000 total
    Exercise: $3.15Exp: 2014-02-27Common 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.

Issuer

Builders FirstSource, Inc.

CIK 0001316835

Entity typeother

Related Parties

1
  • filerCIK 0001327134

Filing Metadata

Form type
4
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 6:19 PM ET
Size
18.1 KB