SEC Form 4 · accession 0000757011-16-000171
USG CORP · USG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven F Leer
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 12:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000757011
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F1 | — | Mar 31, 2016 | A | 891 | A | — | — | Common Stock | 891 | 80,432 | D |
Explanation of responses
- F1Deferral of a portion of the reporting person's compensation for service as a director pursuant to the USG Corporation Deferred Compensation Program for Non-Employee Directors. Each deferred stock unit represents the right to receive the value of one share of common stock. The deferred stock units become payable in cash or shares of common stock, at the reporting person's option, following the reporting person's termination of service as a director.
- F2Mean of the high and low sales prices of a share of common stock on March 31, 2016.