SEC Form 4 · accession 0001565739-15-000140
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
Oct 22, 2015
Accepted (ET)
Oct 26, 2015 · 6:24 pm EDT
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 Stock | Oct 22, 2015 | F | 16,819 | $16.63 | D | 377,116 | D | |
| Common Stock | Oct 23, 2015 | F | 9,207 | $16.97 | D | 367,909 | D | |
| Common StockF1 | Oct 23, 2015 | M | 21,947 | $0.00 | A | 389,856 | 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 | Oct 23, 2015 | M | 21,947 | D | Oct 23, 2015 | Oct 23, 2015 | Common Stock | 21,947 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of CMC common stock.
- F2This is the final vest of an award of restricted stock units ("RSUs") under the 2006 Long-Term Equity Incentive Plan. The RSUs vest and become payable as follows: (i) one-third of the total RSUs on the first anniversary of the date of grant; (ii) one-third of the total RSUs on the second anniversary of the date of grant; and (iii) one-third of the total RSUs on the third anniversary of the date of grant.