SEC Form 4 · accession 0001301787-18-000107
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 8, 2018
Accepted (ET)
Jun 12, 2018 · 6:20 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 | — | — | — | 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 UnitsF2,F3 | — | Jun 8, 2018 | A | 3,252 | A | — | — | Common Stock | 3,252 | 3,252 | D |
| Stock Appreciation RightsF1 | $7.00 | holding | — | — | — | Jul 16, 2018 | — | Common Stock | 135,000 | 135,000 | D |
Explanation of responses
- F1Vested 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.
- F2Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- F3The 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.