SEC Form 4 · accession 0001073429-18-000050
US CONCRETE INC · USCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronnie A Pruitt
Officer — Sr. VP & COO
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 5:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001073429
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Feb 28, 2018 | S | 500 | $73.50 | D | 17,156 | D | |
| Common stock | Mar 1, 2018 | A | 10,500 | $0.00 | A | 27,656 | D | |
| Common stock | Mar 1, 2018 | F | 462 | $69.75 | D | 27,194 | D | |
| Common stock | Mar 1, 2018 | F | 433 | $69.75 | D | 26,761 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2017.
- F2Represents restricted shares granted under the Company's Long Term Incentive Plan, to vest as follows: (i) 60% of the total number of the awarded shares are time-based restricted stock that will become vested over three years in equal annual installments from the date of grant, and (ii) the remaining 40% of the awarded shares are performance-based restricted stock, half (or 50%) of which shall vest on the day that the average of the daily volume-weighted average share price of the Company's Stock over any period of 20 consecutive trading days attains $91.10 per share within the three-year period beginning on the date of grant, and the remaining half of which shall vest on the day that the average of the daily volume-weighted average share price of the Company's Stock over any period of 20 consecutive trading days attains $99.10 per share within the three-year period beginning on the date of grant.