SEC Form 4 · accession 0001565739-15-000056
COMMERCIAL METALS Co · CMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Alvarado
Officer — CHAIRMAN OF THE BOARD, PRESIDE · Director
Period of report
Feb 1, 2015
Accepted (ET)
Feb 3, 2015 · 3:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000022444
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 1, 2015 | M | 30,338 | $0.00 | A | 406,766 | D | |
| Common Stock | Feb 1, 2015 | F | 12,831 | $13.42 | D | 393,935 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Feb 1, 2015 | M | 30,338 | D | — | — | Common Stock | 30,338 | 30,339 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of CMC common stock.
- F2This is the second vest of Mr. Alvarado's award of restricted stock units ("RSU Awarded Units") under the 2013 Long-Term Equity Incentive Plan. The RSU Awarded Units vest and become payable as follows: (i) one-third of the total RSU Awarded Units on the first anniversary of the date of grant; (ii) one-third of the total RSU Awarded Units on the second anniversary of the date of grant; and (iii) one-third of the total RSU Awarded Units on the third anniversary of the date of grant.