Statement of Changes of Beneficial Ownership


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Grace David R
2. Issuer Name and Ticker or Trading Symbol

BEACON ROOFING SUPPLY INC [ BECN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CFO, Treasurer & EVP-Finance
(Last)          (First)          (Middle)

ONE LAKELAND PARK DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

1/1/2011
(Street)

PEABODY, MA 01960
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 par value   11/16/2010     G   V 300   D   (6) 228676   D    
Common Stock, $.01 par value   11/30/2010     G   V 250   D   (6) 228426   D    
Common Stock, $.01 par value   1/1/2011     A    5000   (1) A   (2) 233426   D    
Common Stock, $.01 par value   1/3/2011     G   V 700   D   (7) 232726   D    
Common Stock, $.01 par value   1/3/2011     G   V 20   D   (6) 232706   D    
Common Stock, $.01 par value   1/3/2011     G   V 700   A   (7) 6603   (5) I   See Note 5  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   $17.87   1/1/2011     A      5000       1/1/2012   (4) 1/1/2021   Common Stock, $.01 par value   5000     (3) 5000   D    

Explanation of Responses:
( 1)  This number represents the shares that will vest if the company attains targeted performance criteria at the end of a three-year period. The actual number of shares that will vest can range from 0% to 125% of this number depending upon actual company performance below or above the target level.
( 2)  Represents a grant of shares of restricted stock.
( 3)  Reflects stock option grant.
( 4)  Option is scheduled to vest in three equal portions over a three-year period beginning one year after the grant date.
( 5)  These shares are held by Mr. Grace's wife individually and as custodian for their son. Mr. Grace's son owns 6,003 shares and his wife owns 600 shares. Mr. Grace disclaims beneficial ownership of these shares.
( 6)  Reflects a gift.
( 7)  This transaction involved a gift of securities by Mr. Grace to his son, who shares his household.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Grace David R
ONE LAKELAND PARK DRIVE
PEABODY, MA 01960


CFO, Treasurer & EVP-Finance

Signatures
David R. Grace 1/4/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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