SEC Form 4 · accession 0001301787-18-000101
BlueLinx Holdings Inc. · BXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald K. Herrin
Officer — VP, Procurement
Period of report
Jun 8, 2018
Accepted (ET)
Jun 12, 2018 · 6:08 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 | holding | — | — | — | 1,869 | 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,F4 | — | Jun 8, 2018 | A | 904 | A | — | — | Common Stock | 904 | 904 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | Jul 20, 2018 | — | Common Stock | 1,500 | 1,500 | D |
| Stock Appreciation RightsF3 | $7.00 | holding | — | — | — | Jul 16, 2018 | — | Common Stock | 28,000 | 28,000 | 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 vest on July 20, 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.
- F4The restricted stock units vest in three equal annual installment commencing June 8, 2019. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.