4//SEC Filing
USG CORP 4
Accession 0000757011-15-000055
CIK 0000757011operating
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 4:52 PM ET
Size
14.8 KB
Accession
0000757011-15-000055
Insider Transaction Report
Form 4
USG CORPUSG
Griffin Christopher R.
Vice President
Transactions
- Award
Common Stock
2015-02-11+27,077→ 132,585 total - Tax Payment
Common Stock
2015-02-11$27.74/sh−9,568$265,416→ 123,017 total - Exercise/Conversion
Common Stock
2015-02-11+8,068→ 131,085 total - Exercise/Conversion
Market Share Units
2015-02-11−8,837→ 8,837 total→ Common Stock - Tax Payment
Common Stock
2015-02-11$27.74/sh−2,510$69,627→ 128,575 total - Award
Market Share Units
2015-02-11+35,885→ 35,885 total→ Common Stock (35,885 underlying)
Footnotes (5)
- [F1]Shares withheld to satisfy tax withholding obligation with respect to performance shares that became earned.
- [F2]These Market Share Units were granted on February 13, 2013. The Board of Directors (the "Board") certified performance of half of the Market Share Units on February 11, 2015 and USG Corporation (the "Company") issued to the reporting person .913 Common Shares of the Company for each half of the Market Share Units originally granted, based on the closing prices of Common Shares of the Company on the New York Stock Exchange for each trading day in December 2014.
- [F3]Shares withheld to satisfy tax withholding obligation with respect to Market Share Units that became earned.
- [F4]Each Market Share Unit represents the right to receive one share of common stock assuming certain market price targets are achieved. The Market Share Units vesting and the actual number of shares received are contingent on the Company's common stock achieving certain pre-defined market price levels during pre-determined intervals and continued employment.
- [F5]Generally, the Market Share Units will be earned, if at all, once the Board certifies that pre-determined market price targets of the Company's common stock are attained, provided that the reporting person remains continuously employed by the Company or a subsidiary through December 31, 2017.
Documents
Issuer
USG CORP
CIK 0000757011
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000757011
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 4:52 PM ET
- Size
- 14.8 KB