SEC Form 4 · accession 0000757011-16-000222
USG CORP · USG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory D. Salah
Officer — Senior Vice President
Period of report
Dec 5, 2016
Accepted (ET)
Dec 6, 2016 · 1:07 pm EST
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 | Dec 5, 2016 | M | 1,541 | $6.86 | A | 28,975 | D | |
| Common Stock | Dec 5, 2016 | M | 3,595 | $11.98 | A | 32,570 | D | |
| Common StockF1 | Dec 5, 2016 | S | 2,860 | $29.5991 | D | 29,710 | D | |
| Common StockF2 | holding | — | — | — | 3,000 | I | See Footnote |
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)F3 | $6.86 | Dec 5, 2016 | M | 1,541 | D | — | Feb 11, 2019 | Common Stock | 1,541 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $11.98 | Dec 5, 2016 | M | 3,595 | D | — | Feb 10, 2020 | Common Stock | 4 | 0 | D |
Explanation of responses
- F1The per share sales price for the common stock sold in the reported transaction ranged from $29.57 to $29.625. 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.
- F2Shares are held by the Sloan D. Salah Trust, of which the reporting person's spouse is Trustee.
- F3The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on February 11, 2010.
- F4The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on February 10, 2011.