SEC Form 4 · accession 0001301787-18-000045
BlueLinx Holdings Inc. · BXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary E Cummings
Officer — VP, LOGISTICS/REAL ESTATE
Period of report
Mar 13, 2018
Accepted (ET)
Mar 15, 2018 · 4:55 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 Stock | Mar 13, 2018 | P | 900 | $34.22 | A | 12,511 | D | |
| Common Stock | Mar 13, 2018 | P | 100 | $34.25 | A | 12,611 | D | |
| Common StockF1 | Mar 14, 2018 | P | 200 | $35.33 | A | 12,811 | D | |
| Common StockF1 | Mar 14, 2018 | P | 100 | $35.3695 | A | 12,911 | D | |
| Common Stock | Mar 14, 2018 | P | 950 | $35.535 | A | 950 | I | By Spouse's IRA |
| Common Stock | Mar 14, 2018 | P | 50 | $35.609 | A | 1,000 | I | By Spouse's IRA |
| Common Stock | Mar 15, 2018 | G | 300 | $34.58 | D | 12,611 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 20,000 | 20,000 | D |
| Stock Appreciation RightsF4 | $7.00 | holding | — | — | — | Jul 16, 2018 | — | Common Stock | 28,000 | 28,000 | D |
Explanation of responses
- F1Purchased by reporting person's self-directed IRA.
- F2Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- F3The restricted stock units vest on July 20, 2018. Vested shares will be delivered to the reporting person not later than 30 days thereafter.
- F4Vested 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.