SEC Form 4 · accession 0001565739-15-000063
COMMERCIAL METALS Co · CMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carey J Dubois
Officer — VICE PRESIDENT & TREASURER
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 5:08 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 3, 2015 | M | 10,000 | $0.00 | A | 29,691 | D | |
| Common Stock | Feb 3, 2015 | F | 3,498 | $14.37 | D | 26,193 | D | |
| Common StockF1 | Feb 3, 2015 | M | 1,474 | $0.00 | A | 27,667 | D | |
| Common Stock | Feb 3, 2015 | F | 465 | $14.37 | D | 27,202 | 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 3, 2015 | M | 10,000 | D | — | — | Common Stock | 10,000 | 1,474 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | Feb 3, 2015 | M | 1,474 | D | — | — | Common Stock | 1,474 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of CMC common stock.
- F2Time-vested restricted stock units, cliff-vesting three years from the grant date of February 3, 2012.
- F3This is the final vest of Mr. Dubois' award of restricted stock units ("RSU Awarded Units") under the 2006 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.