Leist Brad Alan 4
4 · Builders FirstSource, Inc. · Filed Jul 28, 2011
Insider Transaction Report
Form 4
Leist Brad Alan
Vice President and Controller
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2011-07-26−4,167→ 0 totalExercise: $3.15Exp: 2014-02-27→ Common Stock (4,167 underlying) - Award
Employee Stock Option (right to buy)
2011-07-26+4,167→ 4,167 totalExercise: $3.15Exp: 2024-02-27→ Common Stock (4,167 underlying)
Footnotes (1)
- [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 May 24, 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.