SEC Form 4 · accession 0001565739-16-000271
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
Apr 19, 2016
Accepted (ET)
Apr 21, 2016 · 3:13 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 | Apr 19, 2016 | M | 113,537 | $11.60 | A | 718,279 | D | |
| Common Stock | Apr 19, 2016 | D | 72,966 | $18.05 | D | 645,313 | D | |
| Common StockF2 | Apr 19, 2016 | S | 40,571 | $18.2142 | D | 604,742 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $11.60 | Apr 19, 2016 | M | 113,537 | D | Nov 23, 2014 | Nov 23, 2018 | Common Stock | 113,537 | 0 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18 to $18.35, inclusive. The reporting person undertakes to provide to CMC, any security holder of CMC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.