SEC Form 4 · accession 0001127602-17-034796
Quanex Building Products CORP · NX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin P Delaney
Officer — SVP-Gen. Counsel & Secretary
Period of report
Dec 14, 2017
Accepted (ET)
Dec 15, 2017 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001423221
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 14, 2017 | M | 2,400 | $7.83 | A | 111,527 | D | |
| Common Stock | Dec 14, 2017 | S | 2,400 | $24.00 | D | 109,127 | D | |
| Common Stock | Dec 15, 2017 | M | 48,000 | $7.83 | A | 157,127 | D | |
| Common StockF2 | Dec 15, 2017 | S | 48,000 | $24.02 | D | 109,127 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $7.83 | Dec 14, 2017 | M | 2,400 | D | Dec 3, 2009 | Dec 3, 2018 | Common Stock | 2,400 | 48,000 | D |
| Stock Options (Right to Buy)F3 | $7.83 | Dec 15, 2017 | M | 48,000 | D | Dec 3, 2009 | Dec 3, 2018 | Common Stock | 48,000 | 0 | D |
Explanation of responses
- F1The stock option exercises and related sales of stock reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 6, 2017.
- F2The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.10, inclusive. The reporting person undertakes to provide to Quanex Building Products Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The option becomes exercisable in one third increments annually beginning December 3, 2009.