US CONCRETE INC 4
4 · US CONCRETE INC · Filed Mar 2, 2017
Insider Transaction Report
Form 4
US CONCRETE INCUSCR
POULSEN NIEL L
VP & GM - Redi-Mix, LLC
Transactions
- Tax Payment
Common stock
2017-03-01$66.65/sh−334$22,261→ 41,147 total - Award
Common stock
2017-03-01+5,500→ 46,647 total
Footnotes (1)
- [F1]Represents restricted shares granted under the Company's Long Term Incentive Plan, to vest as follows: (i) 60% of the total number of the awarded shares are Time-Based Restricted Stock that will become vested over three years in equal annual installments from the date of grant, and (ii) 40% of the awarded shares are Performance-Based Restricted Stock, half of which shall vest on the day that the average of the daily volume-weighted average share price of the Company's Stock over any period of 20 consecutive trading days attains $82.50 per share within the three-year period beginning on the date of grant, and the remaining half of which shall vest on the day that the average of the daily volume-weighted average share price of the Company's Stock over any period of 20 consecutive trading days attains $91.75 per share within the three-year period beginning on the date of grant.