SEC Form 4 · accession 0001301787-18-000091
BlueLinx Holdings Inc. · BXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shyam K. Reddy
Officer — Chief Transformation Officer
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 6:13 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 | Jun 1, 2018 | M | 5,000 | — | A | 16,064 | D | |
| Common Stock | Jun 1, 2018 | F | 1,518 | $40.58 | D | 14,546 | 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 UnitsF1,F2 | — | Jun 1, 2018 | M | 5,000 | A | — | — | Common Stock | 5,000 | 0 | D |
| Stock Appreciation RightsF3 | $7.00 | holding | — | — | — | Jul 16, 2018 | — | Common Stock | 135,000 | 135,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- F2The restricted stock units vested on June 1, 2018. Vested shares will be delivered to the reporting person not later than 30 days thereafter.
- F3Vested 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.