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4//SEC Filing

Chaparral Steel CO 4

Accession 0001209191-05-038713

CIK 0001319048operating

Filed

Jul 26, 8:00 PM ET

Accepted

Jul 27, 9:42 AM ET

Size

6.0 KB

Accession

0001209191-05-038713

Insider Transaction Report

Form 4
Period: 2005-07-25
Hughes J Celtyn
VP & Chief Financial Officer
Transactions
  • Sale

    Common Stock, $0.01 par value per share

    2005-07-25138.9951,089.524 total
Footnotes (2)
  • [F1]The reporting person sold 138.9951 shares of Texas Industries, Inc. (TXI) common stock from a TXI employee stock purchase program. The reporting person also sold the attached dividend rights to recieve Chaparral Steel Company common stock, $0.01 par value per share, in connection with the anticipated spin-off of Chaparral Steel Company from TXI. The price at which the TXI stock was sold was $72.53 per share. The price at which Chaparral Steel Company's stock opened on July 25, 2005 was $20.40 and the price at which it closed was $19.05.
  • [F2]This amount reflects the number of shares of common stock that will be owned as a result of the spin-off of Chaparral Steel Company from Texas Industries, Inc., which is expected to be completed on July 29, 2005. The spin-off will be accomplished through a dividend of one share of common stock, $0.01 par value per share, of Chaparral Steel Company for each share of Texas Industries, Inc. The record date for the dividend was July 20, 2005.

Issuer

Chaparral Steel CO

CIK 0001319048

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001319048

Filing Metadata

Form type
4
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 9:42 AM ET
Size
6.0 KB