4//SEC Filing
EAGLE MATERIALS INC 4
Accession 0001209191-15-040179
$EXPCIK 0000918646operating
Filed
May 6, 8:00 PM ET
Accepted
May 7, 6:43 PM ET
Size
11.7 KB
Accession
0001209191-15-040179
Insider Transaction Report
Form 4
ROWLEY STEVE
DirectorPresident & CEO
Transactions
- Award
Common Stock
2015-05-05+8,585→ 163,441 total - Tax Payment
Common Stock
2015-05-07$84.30/sh−720$60,696→ 162,721 total - Award
Non-Qualified Stock Option (Right to Buy)
2015-05-05+70,266→ 70,266 totalExercise: $87.37Exp: 2024-06-03→ Common Stock (70,266 underlying)
Holdings
- 1,929(indirect: By IRA)
Common Stock
- 2,313(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]On June 3, 2014, the reporting person was granted 8,585 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 2015. On May 5, 2015, the performance vesting criteria was determined to have been met such that all of the 8,585 shares of restricted stock have been earned. In accordance with the Restricted Stock Agreement, the restriction on one-fifth of the earned shares (1,717 shares) lapsed on May 7, 2015. The restrictions on the remaining shares will lapse ratably on March 31 of 2016, 2017, 2018 and 2019.
- [F2]In 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.
- [F3]720 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of the restriction on 1,717 shares of restricted stock awarded to the reporting person on June 3, 2014 (as reported in footnote 1).
- [F4]On June 3, 2014, the reporting person was granted an option to purchase up to 70,266 shares of Common Stock subject to the achievement by the Company of certain performance vesting criteria measured at the end of fiscal 2015. On May 5, 2015, the performance vesting criteria were determined to have been satisfied such that all of such options became earned and reportable on such date. The earned options become vested and exercisable as follows: one-third are exercisable immediately; one-third become exercisable on March 31, 2016; and the remaining one-third become exercisable on March 31, 2017.
Documents
Issuer
EAGLE MATERIALS INC
CIK 0000918646
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000918646
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 6:43 PM ET
- Size
- 11.7 KB