MCLAUGHLIN ROBERT M 4
4 · QXO BUILDING PRODUCTS, INC. · Filed Apr 29, 2025
Insider Transaction Report
Form 4
MCLAUGHLIN ROBERT M
Director
Transactions
- Disposition to Issuer
Restricted Stock Units (RSUs)
2025-04-29$124.35/sh−1,400$174,090→ 0 totalFrom: 2025-05-15Exp: 2025-05-15→ Common Stock, $0.01 par value (1,400 underlying) - Disposition from Tender
Common Stock, $0.01 par value
2025-04-29$124.35/sh−13,000$1,616,550→ 10,956 total - Disposition to Issuer
Common Stock, $0.01 par value
2025-04-29$124.35/sh−10,956$1,362,379→ 0 total - Disposition to Issuer
Restricted Stock Units (RSUs)
2025-04-29$124.35/sh−7,821$972,541→ 0 total→ Common Stock, $0.01 par value (7,821 underlying)
Footnotes (5)
- [F1]As contemplated by the Agreement and Plan of Merger dated as of March 20, 2025 (the "Merger Agreement") by and among Beacon Roofing Supply, Inc. (the "Company"), QXO, Inc. ("QXO") and Queen MergerCo, Inc., a wholly owned subsidiary of QXO (the "Merger Sub"), Merger Sub offered to purchase all of the issued and outstanding shares of Common Stock of the Company for $124.35 per share (the "Offer"). Merger Sub accepted all shares tendered by the Reporting Person for purchase pursuant the Offer.
- [F2]Pursuant to the Merger Agreement, the Merger Sub merged with and into the Company. Pursuant to the terms of the Merger Agreement, each share of Common Stock of the Company held by the Reporting Person was converted into the right to receive $124.35 in cash.
- [F3]Each RSU represented a contingent right to receive one (1) share of Common Stock of the Company.
- [F4]Pursuant to the terms of the Merger Agreement, each vested RSU held by the Reporting Person was converted into the right to receive $124.35 in cash. All such RSUs were fully vested prior to the date of the Merger Agreement, with retirement from the board the sole condition to settlement.
- [F5]Pursuant to the terms of the Merger Agreement, each unvested RSU held by the Reporting Person was converted into the right to receive $124.35 in cash. The RSUs were scheduled to vest on the date referenced in column 6.