SEC Form 4 · accession 0001104659-17-069457
QXO Insulation, LLC · BLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S. Peterson
Officer — Vice President and CFO
Period of report
Nov 15, 2017
Accepted (ET)
Nov 17, 2017 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001633931
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 15, 2017 | M | 9,580 | $27.10 | A | 40,879 | D | |
| Common StockF1 | Nov 15, 2017 | S | 3,992 | $63.53 | D | 36,887 | D | |
| Common Stock | Nov 15, 2017 | M | 4,352 | $26.30 | A | 41,239 | D | |
| Common StockF2 | Nov 15, 2017 | S | 1,853 | $63.53 | D | 39,386 | D | |
| Common Stock | Nov 15, 2017 | M | 6,863 | $26.30 | A | 46,249 | D | |
| Common StockF3 | Nov 15, 2017 | S | 2,923 | $63.54 | D | 43,326 | D | |
| Common Stock | Nov 15, 2017 | F | 8,087 | $63.53 | D | 35,239 | D | |
| Common Stock | Nov 15, 2017 | F | 3,940 | $63.54 | D | 31,299 | 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)F4 | $27.10 | Nov 15, 2017 | M | 9,580 | D | — | Jul 8, 2025 | Common Stock | 9,580 | 14,370 | D |
| Employee Stock Option (right to buy)F5 | $26.30 | Nov 15, 2017 | M | 4,352 | D | — | Feb 22, 2026 | Common Stock | 4,352 | 17,408 | D |
| Employee Stock Option (right to buy)F6 | $26.30 | Nov 15, 2017 | M | 6,863 | D | — | Feb 22, 2026 | Common Stock | 6,863 | 13,727 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.30 to $63.75, inclusive. The reporting person undertakes to provide to TopBuild Corp., a Delaware corporation ("TopBuild"), any security holder of TopBuild, 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 range set forth in this footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.28 to $63.72, inclusive. The reporting person undertakes to provide to TopBuild, any security holder of TopBuild, 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 range set forth in this footnote (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.36 to $63.75, inclusive. The reporting person undertakes to provide to TopBuild, any security holder of TopBuild, 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 range set forth in this footnote (3) to this Form 4.
- F4This option vests in five equal annual installments, which commenced on July 8, 2016.
- F5This option vests in five equal annual installments, which commenced on February 22, 2017.
- F6This option vests in three equal annual installments, which commenced on February 22, 2017.