X0306 4 2021-01-29 true 0001688941 Foundation Building Materials, Inc. FBM 0001192868 ESPE MATTHEW J 2520 RED HILL AVE. SANTA ANA CA 92705 true false false false Common Stock 2021-01-29 4 D false 17223.00 19.25 D 0.00 D Restricted Stock Units 2021-01-29 4 D false 5232.00 D Common Stock 5232.00 0.00 D Pursuant to the Agreement and Plan of Merger, dated as of November 14, 2020 (the "Merger Agreement") by and among the Company, ASP Flag Intermediate Holdings, Inc., a Delaware corporation ("Parent") and ASP Flag Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), on January 29, 2021, Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.001 per share, of the Company (each, a "Share") was canceled and converted automatically into the right to receive $19.25 per share in cash, without interest and less any applicable tax withholdings. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Share. Pursuant to the Merger Agreement, each RSU outstanding immediately prior to the consummation of the Merger was canceled and converted into the right to receive, without interest and less any applicable tax withholdings, $19.25 in cash. /s/ Richard Tilley, Attorney-in-Fact 2021-01-29