Herrin Ronald K. 4
4 · BlueLinx Holdings Inc. · Filed Jun 12, 2018
Insider Transaction Report
Form 4
Herrin Ronald K.
VP, Procurement
Transactions
- Award
Restricted Stock Units
2018-06-08+904→ 904 total→ Common Stock (904 underlying)
Holdings
- 1,869
Common Stock
- 28,000
Stock Appreciation Rights
Exercise: $7.00From: 2018-07-16→ Common Stock (28,000 underlying) - 1,500
Restricted Stock Units
From: 2018-07-20→ Common Stock (1,500 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- [F2]The restricted stock units vest on July 20, 2018. Vested shares will be delivered to the reporting person not later than 30 days thereafter.
- [F3]Vested stock appreciation rights shall be automatically exercised on the vesting date, with payment made in two installments as follows: (i) 50% payable within thirty days of the vesting date and (ii) 50% payable in 2019, no later than August 15, 2019.
- [F4]The restricted stock units vest in three equal annual installment commencing June 8, 2019. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.