Form Filed By NOSBAUM LEROY D
Thu, Nov 1, 2018
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Quanex Building Products CORP (NX)
Industrials
Building Products & Equipment
Insights
Coming soon
Non Derivative Transactions
2018-11-01
Common Stock
Derivative conversion
M
Type
Acquired 3,610 shares @ $0.00 per share
6,110 shares
Direct
2018-11-01
Common Stock
Disposition
D
Type
Disposed 3,610 shares @ $15.31 per share
2,500 shares
Direct
Footnotes
1. Represents the total number of restricted stock units that were settled in cash pursuant to their terms.
2. Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of NX common stock.
3. The restricted stock unit will vest immediately, but will not become payable until the director's death, disability, or cessation of service on the board, or in the event of a change in control.
4. The restricted stock unit vested immediately and became payable on the one-year anniversary of its grant, pursuant to the payment election made by the grantee.