SEC Form 4 · accession 0001301787-16-000195
BlueLinx Holdings Inc. · BXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L. Wasson
Officer — VP, Sourcing/Product Mgmt
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 6:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301787
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 212,919 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF2 | $0.70 | May 31, 2016 | A | 280,000 | A | Jul 16, 2018 | — | Common Stock | 280,000 | 280,000 | D |
Explanation of responses
- F1Certain of these shares of common stock are subject to vesting based upon the passage of time.
- F2Vested 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.