SEC Form 4 · accession 0001209191-16-138016
Builders FirstSource, Inc. · BLDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Morris E Tolly
Officer — Sr Vice President-Operations
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 6:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316835
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Aug 17, 2016 | M | 50,000 | $3.19 | A | 216,890 | D | |
| Common Stock, par value $0.01 per shareF1 | Aug 17, 2016 | S | 50,000 | $12.43 | D | 166,890 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $3.19 | Aug 17, 2016 | M | 50,000 | D | — | Feb 3, 2020 | Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $12.43 to $12.50 per share. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request by the SEC staff, the issuer, or a security holder of the issuer.
- F2Award issued under the Company's 2007 Incentive Plan, as amended and restated on January 14, 2010.
- F3The option was granted on February 3, 2010 and vested in 33.33% increments on each of February 3, 2012-2014.