SEC Form 4 · accession 0001209191-17-032117
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 10, 2017
Accepted (ET)
May 12, 2017 · 6:03 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 10, 2017 | A | 19,535 | $0.00 | A | 82,935 | D | |
| Common Stock | holding | — | — | — | 1,481 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 20, 2016, the reporting person was granted 19,818 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 2017. On May 10, 2017 the performance vesting criteria was determined to have been met such that 19,535 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 15, 2017 and March 31 of 2018, 2019 and 2020.