Sears Lonnie Ray 4
4 · Foundation Building Materials, Inc. · Filed Mar 20, 2018
Insider Transaction Report
Form 4
Sears Lonnie Ray
SVP Mechanical Insulation
Transactions
- Award
Restricted Stock Unit
2018-03-19+9,233→ 9,233 total→ Common Stock (9,233 underlying) - Award
Stock Option (Right to Purchase)
2018-03-19+10,231→ 10,231 totalExercise: $15.40Exp: 2028-03-19→ Common Stock (10,231 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of FBM common stock or the cash equivalent based on the date of vesting. The RSUs vest in four equal annual installments on each of March 12, 2019, March 12, 2020, March 12, 2021 and March 12, 2022.
- [F2]The stock options vest in four equal annual installments on each of March 12, 2019, March 12, 2020, March 12, 2021 and March 12, 2022.