4/A//SEC Filing
DRYDEN SCOTT 4/A
Accession 0001073429-20-000057
CIK 0001073429other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 9:22 PM ET
Size
8.7 KB
Accession
0001073429-20-000057
Insider Transaction Report
Form 4/AAmended
DRYDEN SCOTT
VP & GM - Polaris Materials
Transactions
- Exercise/Conversion
Restricted stock units
2020-03-01−460→ 4,420 total→ Common stock (460 underlying) - Exercise/Conversion
Common stock
2020-03-01+460→ 1,552 total
Footnotes (5)
- [F1]As a result of the amendment set forth in footnote 3, the reporting person beneficially owned 1,552 shares of common stock on March 1, 2020 following the reported transaction.
- [F2]Each Restricted Stock Unit was granted from the U.S. Concrete, Inc. Long Term Incentive Plan and represents the right to receive one share of common stock upon vesting.
- [F3]This amendment has been filed to correct the number of derivative securities disposed on March 1, 2020 to include an additional 460 restricted stock units (RSUs) that vested from the reporting person's March 1, 2018 award but were inadvertently excluded from the original filing due to clerical error.
- [F4]The Restricted Stock Units were granted on March 1, 2018 and will vest as follows: (i) 60% of the total number of the warded shares are Time-Based and will become vested over three years in equal annual installments from the date of grant, and (ii) the remaining 40% of the awarded shares are Performance-Based, half (or 50%) 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 $91.10 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 $99.10 per share within the three-year period beginning on the date of grant.
- [F5]The number of derivative securities beneficially owned following the reported transaction is comprised of 3,040 RSUs from the reporting person's March 1, 2019 award and 1,380 RSUs from his March 1, 2018 award.
Documents
Issuer
U.S. CONCRETE, INC.
CIK 0001073429
Entity typeother
Related Parties
1- filerCIK 0001741464
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 9:22 PM ET
- Size
- 8.7 KB