SEC Form 4 · accession 0001209191-16-138395
Builders FirstSource, Inc. · BLDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald F McAleenan
Officer — SVP & General Counsel
Period of report
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 7:03 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 19, 2016 | M | 70,000 | $3.15 | A | 373,238 | D | |
| Common Stock, par value $0.01 per shareF1 | Aug 19, 2016 | S | 70,000 | $12.56 | D | 303,238 | 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 | $3.15 | Aug 19, 2016 | M | 70,000 | D | — | Jan 16, 2022 | Common Stock | 70,000 | 166,714 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $12.55 to $12.64 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 1998 Stock Incentive Plan.
- F3The option was granted on January 16, 2002. The options were 20% vested on the date of grant and an additional 20% vested on each of September 1, 2002-2005.