SEC Form 4 · accession 0001104659-19-012569

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

Feb 28, 2019

Accepted (ET)

Mar 4, 2019 · 6:49 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	Feb 28, 2019	M	6,618	$26.30	A	60,142	D
Common Stock^F1	Feb 28, 2019	S	2,200	$58.18	D	57,942	D
Common Stock	Feb 28, 2019	M	10,457	$26.30	A	68,399	D
Common Stock^F2	Feb 28, 2019	S	3,477	$58.20	D	64,922	D
Common Stock	Feb 28, 2019	F	4,418	$58.18	D	60,504	D
Common Stock	Feb 28, 2019	F	6,980	$58.20	D	53,524	D
Common Stock^F3	Feb 28, 2019	S	2,600	$58.20	D	50,924	D
Common Stock^F4	Feb 28, 2019	S	6,300	$59.26	D	44,624	D
Common Stock	Feb 28, 2019	S	100	$59.64	D	44,524	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	$26.30	Feb 28, 2019	M	6,618	D	—	Feb 22, 2026	Common Stock	6,618	13,236	D
Employee Stock Option (right to buy)^F6	$26.30	Feb 28, 2019	M	10,457	D	—	Feb 22, 2026	Common Stock	10,457	0	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 $58.01 to $58.84, 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 $58.00 to $58.76, 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 $57.56 to $58.47, 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.57 to $59.53, 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.
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.