COMMERCIAL METALS CO 4
4 · COMMERCIAL METALS CO · Filed Oct 29, 2014
Insider Transaction Report
Form 4
ELMORE JOHN C.
SVP and Pres. CMC Int'l
Transactions
- Award
Common Stock
2014-10-27+30,402→ 68,932 total - Award
Performance Shares
2014-10-27+30,402→ 30,402 totalExercise: $0.00Exp: 2017-08-31→ Common Stock (30,402 underlying)
Footnotes (3)
- [F1]An Award of restricted stock units (the "Award") issued under the 2013 Long-Term Equity Incentive Plan. The Award vests and becomes payable as follows: (i) one-third of the Award on the first anniversary of the date of grant; (ii) one-third of the Award on the second anniversary of the date of grant; and (iii) one-third of the Award on the third anniversary of the date of grant.
- [F2]Each restricted stock unit represents a contingent right to receive one share of CMC common stock.
- [F3]The PSU award will vest at 75% if certain financial criteria are met. The remaining 25% will vest relative to Total Shareholder Return measured over a three-year performance period for the Company against its Performance Peer Group.