Sears Lonnie Ray 4
4 · Foundation Building Materials, Inc. · Filed Feb 13, 2018
Insider Transaction Report
Form 4
Sears Lonnie Ray
SVP Mechanical Insulation
Transactions
- Exercise/Conversion
Common Stock
2018-02-09+695→ 10,695 total - Tax Payment
Common Stock
2018-02-09$13.92/sh−207$2,881→ 10,488 total - Exercise/Conversion
Restricted Stock Unit
2018-02-09−695→ 2,085 totalExercise: $0.00→ Common Stock (695 underlying)
Footnotes (1)
- [F1]The common stock was acquired pursuant to the vesting of restricted stock units (RSUs) granted on February 9, 2017, which vest in four equal annual installments on the first, second, third and fourth anniversary of the grant date. Each RSU represents a contingent right to receive one share of FBM common stock or the cash equivalent based on the date of vesting.