Explanation of Responses: |
(1) | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Foundation Building Materials, Inc. ("FBM") or the cash equivalent based on the date of vesting. The RSUs were granted on February 9, 2017 and vest in four equal annual installments on each of February 9, 2018, February 9, 2019, February 9, 2020 and February 9, 2021, subject to continuous service. |
(2) | Each 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 were granted on March 19, 2018 and vest in four equal annual installments on each of March 12, 2019, March 12, 2020, March 12, 2021 and March 12, 2022, subject to continuous service. |
(3) | Each 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 were granted on February 19, 2019 and vest in four equal annual installments on each of March 12, 2020, March 12, 2021, March 12, 2022 and March 12, 2023, subject to continuous service. |
(4) | Each 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 were granted on February 19, 2020 and vest in four equal annual installments on each of March 12, 2021, March 12, 2022, March 12, 2023 and March 12, 2024, subject to continuous service. |
(5) | Each 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 were granted on December 24, 2019 and vest in four equal annual installments on each of November 15, 2020, November 15, 2021, November 15, 2022 and November 15, 2023, subject to continuous service. |
(6) | The option to purchase common stock of FBM was granted on February 19, 2020 and vests in four equal installments on each of March 12, 2021, March 12, 2022, March 12, 2023 and March 12, 2024, subject to continuous service. |
(7) | The option to purchase common stock of FBM was granted on December 24, 2019 and vest in four equal installments on each of November 15, 2020, November 15, 2021, November 15, 2022 and November 15, 2023, subject to continuous service. |
(8) | The option to purchase common stock of FBM was granted on March 19, 2018 and vest in four equal installments on each of March 12, 2019, March 12, 2020, March 12, 2021 and March 12, 2022, subject to continuous service. |
(9) | The option to purchase common stock of FBM was granted on February 9, 2017 and vest in four equal installments on each of February 9, 2018, February 9, 2019, February 9, 2020 and February 9, 2021, subject to continuous service. |
(10) | The option to purchase common stock of FBM was granted on February 19, 2019 and vest in four equal installments on each of March 12, 2020, March 12, 2021, March 12, 2022 and March 12, 2023, subject to continuous service. |