4//SEC Filing
LARSON WILLIAM B 4
Accession 0001253467-12-000001
CIK 0000022444other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 10:51 AM ET
Size
20.0 KB
Accession
0001253467-12-000001
Insider Transaction Report
Form 4
LARSON WILLIAM B
SrVP & Chief Financial OfficerOther
Transactions
- Disposition to Issuer
Common Stock
2011-12-30$13.83/sh−1,823$25,212→ 284,118.797 total - Exercise/Conversion
Common Stock
2011-12-30$13.83/sh+40,000$553,200→ 346,828.797 total - Exercise/Conversion
Restricted Stock Units
2011-12-30$13.83/sh−40,000$553,200→ 0 totalFrom: 2011-12-30Exp: 2014-06-03→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2011-12-30$13.83/sh+30,000$414,900→ 306,828.797 total - Disposition to Issuer
Common Stock
2011-12-30$13.83/sh−7,935$109,741→ 292,957.797 total - Exercise/Conversion
Restricted Stock Units
2011-12-30−5,000→ 10,780 totalExercise: $0.00From: 2011-12-30Exp: 2014-01-18→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2011-12-30$13.83/sh−7,016$97,031→ 285,941.797 total - Exercise/Conversion
Common Stock
2011-12-30$13.83/sh+5,000$69,150→ 351,828.797 total - Disposition to Issuer
Common Stock
2011-12-30$13.83/sh−7,290$100,821→ 276,828.797 total - Exercise/Conversion
Performance Shares
2011-12-30$13.83/sh−30,000$414,900→ 0 totalFrom: 2011-12-30Exp: 2013-06-03→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Each performance share is a restricted stock unit representing a contingent right to receive one share of CMC common stock. The Units vest as follows: (i) 50% if the Company ranks at or greater than the 50th percentile but less than the 60th percentile on a Total Stockholder Return basis as compared to its Peer Group; and 100% if the Company ranks at or greater than the 60th percentile on a Total Stockholder Return basis as compared to its Peer Group. Vesting will be calculated on a straight line interpolation basis for a rank on a Total Stockholder Return basis as compared to its Peer Group between the 50th percentile (at a vesting percentage of 50%) and 60th percentile (with a vesting percentage of 100%). For the measurement periods mentioned above, the Total Stockholder Return will be based on the average of the closing prices on the principal market for each trading day for the month of June 2010 compared to the month of June 2013.
- [F2]This award was accelerated at retirement and prorated as of the exit date. These shares were forfeited.
- [F3]Award of restricted stock units under the 2006 Long-Term Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of CMC common stock.
Documents
Issuer
COMMERCIAL METALS CO
CIK 0000022444
Entity typeother
Related Parties
1- filerCIK 0001186712
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 10:51 AM ET
- Size
- 20.0 KB