Meredith W. Mendes - 01 Nov 2021 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role
Director
Signature
/s/ Paul B. Cornett, Power of Attorney
Issuer symbol
NX
Transactions as of
01 Nov 2021
Transactions value $
$0
Form type
4
Filing time
02 Nov 2021, 16:28:21 UTC
Previous filing
12 Oct 2021
Next filing
19 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NX Restricted Stock Units Award $0 +4.8K +55.09% $0.00 13.5K 01 Nov 2021 Common Stock 4.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock.
F2 The restricted stock unit vested immediately. The restricted stock unit will become payable upon the grantee's death, disability, cessation of service as a director, or change in control of the Company.