SEC Form 4 · accession 0001209191-18-031175
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 15, 2018
Accepted (ET)
May 17, 2018 · 6:55 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 15, 2018 | M | 5,000 | $33.69 | A | 61,715 | D | |
| Common StockF1 | May 15, 2018 | S | 5,000 | $110.00 | D | 56,715 | D | |
| Common StockF1 | May 15, 2018 | S | 5,000 | $110.00 | D | 51,715 | D | |
| Common Stock | holding | — | — | — | 1,046 | 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)F2 | $33.69 | May 15, 2018 | M | 5,000 | D | — | Jun 19, 2022 | Common Stock | 5,000 | 12,184 | 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.