SEC Form 4 · accession 0001209191-16-115387
EAGLE MATERIALS INC · EXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith W Metcalf
Officer — President (American Gypsum)
Period of report
Apr 20, 2016
Accepted (ET)
Apr 22, 2016 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918646
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 20, 2016 | M | 2,683 | $62.83 | A | 39,538 | D | |
| Common StockF1 | Apr 20, 2016 | F | 2,377 | $74.51 | D | 37,161 | D | |
| Common Stock | holding | — | — | — | 3,939 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (Right to Buy)F2 | $62.83 | Apr 20, 2016 | M | 2,683 | D | — | May 9, 2016 | Common Stock | 2,683 | 0 | D |
Explanation of responses
- F12,377 shares were withheld by Mr. Metcalf to pay for the exercise price in connection with the exercise of the Non Qualified Stock Options shown in Table II and to satisfy income tax withholding requirements. As a result of this transaction, Mr. Metcalf acquired an additional 306 shares of Common Stock.
- F2On May 9, 2006, the reporting person was granted an option to purchase up to 3,235 shares of Common Stock subject to the achievement by the Company of certain performance vesting criteria measured at the end of fiscal 2007. On April 30, 2007, the performance conditions as of March 31, 2007 were determined to have been satisfied such that stock options vested as to 2,683 shares.