SEC Form 4 · accession 0001209191-17-065255
EAGLE MATERIALS INC · EXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Haack
Officer — EVP and COO
Period of report
Dec 8, 2017
Accepted (ET)
Dec 12, 2017 · 6:04 pm EST
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 | Dec 8, 2017 | M | 6,731 | $81.56 | A | 28,136 | D | |
| Common StockF1 | Dec 8, 2017 | S | 6,731 | $115.00 | D | 21,405 | D |
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 | $81.56 | Dec 8, 2017 | M | 6,731 | D | — | Jun 10, 2025 | Common Stock | 6,731 | 13,462 | 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.
- F2Shares vested ratably on anniversaries of the date of grant.