Ball Susan M. 4
4 · U.S. CONCRETE, INC. · Filed Aug 30, 2021
Insider Transaction Report
Form 4
Ball Susan M.
Director
Transactions
- Disposition to Issuer
Common stock
2021-08-26$74.00/sh−9,885$731,490→ 0 total
Footnotes (2)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of June 6, 2021, by and among U.S. Concrete, Inc. (the "Issuer"), Vulcan Materials Company, and Grizzly Merger Sub I, Inc. (the "Merger Agreement"), on August 26, 2021, each share of the Issuer's common stock ("Common Stock") issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into the right to receive $74.00 per share in cash (the "Merger Consideration"), without interest, as described in the Merger Agreement.
- [F2]2,010 of these securities represent shares of Common Stock underlying the Reporting Person's restricted stock unit ("RSU") awards subject to time-based vesting. Pursuant to the Merger Agreement, on August 26, 2021, unvested RSUs outstanding immediately prior to the Effective Time were canceled and converted into the right to receive the Merger Consideration.