SEC Form 4 · accession 0000757011-16-000202
USG CORP · USG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth R. Banas
Officer — Vice President
Period of report
Aug 31, 2016
Accepted (ET)
Sep 2, 2016 · 1:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000757011
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 31, 2016 | M | 3,571 | $6.86 | A | 15,356 | D | |
| Common Stock | Aug 31, 2016 | M | 4,137 | $11.98 | A | 19,493 | D | |
| Common Stock | Aug 31, 2016 | M | 3,121 | $14.76 | A | 22,614 | D | |
| Common Stock | Aug 31, 2016 | M | 728 | $18.99 | A | 23,342 | D | |
| Common StockF1 | Aug 31, 2016 | S | 11,557 | $28.0365 | D | 11,785 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $6.86 | Aug 31, 2016 | M | 3,571 | D | — | Feb 11, 2019 | Common Stock | 3,571 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $11.98 | Aug 31, 2016 | M | 4,137 | D | — | Feb 10, 2020 | Common Stock | 4,137 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $14.76 | Aug 31, 2016 | M | 3,121 | D | — | Feb 8, 2022 | Common Stock | 3,121 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $18.99 | Aug 31, 2016 | M | 728 | D | — | Feb 9, 2021 | Common Stock | 728 | 1,715 | D |
Explanation of responses
- F1The per share sales price for the common stock sold in the reported transaction ranged from $28.00 to $28.17. The reporting person will provide upon request by the Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F2The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on February 11, 2010.
- F3The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on February 10, 2011.
- F4The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on February 8, 2013.
- F5The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on February 9, 2012.