SEC Form 4 · accession 0001104659-18-015982

QXO Insulation, LLC · BLD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Robert M Buck

Officer — President and COO

Period of report

Mar 6, 2018

Accepted (ET)

Mar 8, 2018 · 7:05 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
Common Stock	Mar 6, 2018	M	19,156	$27.10	A	73,917	D
Common Stock^F1	Mar 6, 2018	S	7,367	$74.05	D	66,550	D
Common Stock	Mar 6, 2018	M	13,236	$26.30	A	79,786	D
Common Stock^F2	Mar 6, 2018	S	5,176	$74.03	D	74,610	D
Common Stock	Mar 6, 2018	M	20,913	$26.30	A	95,523	D
Common Stock^F3	Mar 6, 2018	S	8,414	$74.27	D	87,109	D
Common Stock	Mar 6, 2018	M	7,386	$38.39	A	94,495	D
Common Stock^F4	Mar 6, 2018	S	2,155	$73.97	D	92,340	D
Common Stock	Mar 6, 2018	F	11,789	$74.05	D	80,551	D
Common Stock	Mar 6, 2018	F	8,060	$74.03	D	72,491	D
Common Stock	Mar 6, 2018	F	12,499	$74.27	D	59,992	D
Common Stock	Mar 6, 2018	F	5,231	$73.97	D	54,761	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)^F5	$27.10	Mar 6, 2018	M	19,156	D	—	Jul 8, 2025	Common Stock	19,156	28,734	D
Employee Stock Option (right to buy)^F6	$26.30	Mar 6, 2018	M	13,236	D	—	Feb 22, 2026	Common Stock	13,236	19,854	D
Employee Stock Option (right to buy)^F7	$26.30	Mar 6, 2018	M	20,913	D	—	Feb 22, 2026	Common Stock	20,913	10,457	D
Employee Stock Option (right to buy)^F8	$38.39	Mar 6, 2018	M	7,386	D	—	Feb 21, 2027	Common Stock	7,386	14,774	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 $73.75 to $74.79, 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 $73.75 to $74.75, 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 (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 $73.75 to $74.79, 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.75 to $74.68, 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.
F5This option vests in five equal annual installments, which commenced on July 15, 2016.
F6This option vests in five equal annual installments, which commenced on February 22, 2017.
F7This option vests in three equal annual installments, which commenced on February 22, 2017.
F8This option vests in three equal annual installments, which commenced on February 21, 2018.