SEC Form 4 · accession 0001562180-18-001685
Foundation Building Materials, Inc. · FBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Welly
Officer — Chief Operating Officer
Period of report
Mar 19, 2018
Accepted (ET)
Mar 20, 2018 · 6:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688941
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | — | Mar 19, 2018 | A | 18,262 | A | — | — | Common Stock | 18,262 | 18,262 | D |
| Stock Option (Right to Purchase)F2 | $15.40 | Mar 19, 2018 | A | 38,369 | A | — | Mar 19, 2028 | Common Stock | 38,369 | 38,369 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of FBM common stock or the cash equivalent based on the date of vesting. The RSUs vest in four equal annual installments on each of March 12, 2019, March 12, 2020, March 12, 2021 and March 12, 2022.
- F2The stock options vest in four equal annual installments on each of March 12, 2019, March 12, 2020, March 12, 2021 and March 12, 2022.