SEC Form 4 · accession 0001209191-17-034707
EAGLE MATERIALS INC · EXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James H Graass
Officer — EVP & General Counsel
Period of report
May 19, 2017
Accepted (ET)
May 23, 2017 · 5:51 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 | May 19, 2017 | M | 5,000 | $27.53 | A | 69,653 | D | |
| Common Stock | May 19, 2017 | S | 10,000 | $101.00 | D | 59,653 | D | |
| Common StockF1,F2 | May 20, 2017 | F | 243 | $99.48 | D | 59,410 | D | |
| Common Stock | holding | — | — | — | 991 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 543 | I | By Reporting Person's IRA |
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)F3 | $27.53 | May 19, 2017 | M | 5,000 | D | — | Jun 27, 2021 | Common Stock | 5,000 | 8,198 | D |
Explanation of responses
- F1In accordance with the issuer's Amended and Restated Incentive Plan, this price represents the closing price per share of Common Stock on the previous trading day.
- F2243 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 579 shares of restricted stock awarded to the reporting person on May 20, 2016 (Form 4 filed on 5/24/2016). Because the reporting person's restricted holdings have been included in the direct ownership Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 243 shares to reflect this tax withholding.
- F3Shares vested ratably on anniversaries of the date of grant.