SEC Form 4 · accession 0001209191-16-118955
EAGLE MATERIALS INC · EXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Powers
Officer — President & CEO · Director
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 7:38 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 StockF1 | May 6, 2016 | A | 4,934 | $0.00 | A | 49,410 | D | |
| Common Stock | holding | — | — | — | 1,483 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 10, 2015, the reporting person was granted 5,993 shares of restricted stock, subject to the achievement by the Company of performance vesting criteria based on the Company's average return on equity measured at the end of fiscal 2016. On May 6, 2016, the performance vesting criteria was determined to have been met such that 4,934 shares of restricted stock became earned and reportable on such date. The remaining shares of restricted stock have been forfeited. The restrictions on the shares will lapse ratably on May 11, 2016 and March 31 of 2017, 2018, 2019 and 2020.