SEC Form 4 · accession 0001209191-17-048317
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
Aug 7, 2017
Accepted (ET)
Aug 9, 2017 · 5:52 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 | Aug 7, 2017 | M | 11,317 | $33.69 | A | 106,580 | D | |
| Common StockF1,F2 | Aug 7, 2017 | S | 11,317 | $93.5747 | D | 95,263 | D | |
| Common Stock | holding | — | — | — | 1,486 | 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)F3 | $33.69 | Aug 7, 2017 | M | 11,317 | D | — | Jun 19, 2022 | Common Stock | 11,317 | 0 | D |
Explanation of responses
- F1This transaction was executed in accordance with the terms of a 10b5-1 trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Accordingly, after the plan's initial implementation, the reporting person had no discretion with regard to the execution of the transaction. The 10b5-1 plan was entered into for estate and tax planning purposes. Following this transaction, the reporting person retains a substantial ownership position in issuer securities and his ownership currently satisfies the issuer's stock ownership guidelines.
- F2This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $93.55 to $93.80. Upon request by the SEC staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
- F3Shares vested ratably on anniversaries of date of grant.