SEC Form 4 · accession 0000757011-17-000023
USG CORP · USG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew F Hilzinger
Officer — Executive Vice President
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 4:39 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 StockF1 | Feb 13, 2017 | M | 34,258 | $16.80 | A | 45,596 | D | |
| Common StockF1 | Feb 13, 2017 | S | 34,258 | $32.90 | D | 11,338 | D | |
| Common StockF1,F2 | Feb 13, 2017 | G | 11,338 | $0.00 | D | 0 | D | |
| Common StockF1,F2,F3 | Feb 13, 2017 | G | 11,338 | $0.00 | A | 46,918 | I | See Footnote |
| Common StockF1,F3 | Feb 13, 2017 | S | 11,338 | $33.00 | D | 35,580 | 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)F1,F4 | $16.80 | Feb 13, 2017 | M | 34,258 | D | — | Apr 16, 2022 | Common Stock | 34,258 | 68,558 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to previously disclosed Rule 10b5-1 trading plans.
- F2The reporting person transferred these shares to M&S Hilzinger Family, LP, a limited partnership of which the reporting person and his wife, through their ownership in M&S Hilzinger Family GP, LLC, are the sole general partners and of which the reporting person and his wife were then the sole limited partners.
- F3Shares are held by M&S Hilzinger Family, LP.
- F4The option vested with respect to the shares included in the reported transaction in four equal annual installments beginning on April 16, 2013.