4//SEC Filing
GAJDOS LUDOVIT 4
Accession 0001253467-12-000083
CIK 0000022444other
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 4:21 PM ET
Size
8.4 KB
Accession
0001253467-12-000083
Insider Transaction Report
Form 4
GAJDOS LUDOVIT
VP CMC & Pres. CMC Europe
Transactions
- Award
Performance Shares
2012-10-23+14,631→ 14,631 totalExercise: $0.00From: 2015-08-31Exp: 2015-08-31→ Common Stock (14,631 underlying) - Award
Restricted Stock Units
2012-10-23+14,631→ 14,631 totalExercise: $0.00From: 2013-10-23Exp: 2015-10-23→ Common Stock (14,631 underlying)
Footnotes (2)
- [F1]The PSU award will vest at 75% if certain goal criteria are met: (1) ROIC is positive for three-year performance period (9/1/2012-8/31/2015); and (2) the cumulative EBITDA target for each fiscal year in the performance period as submitted from Business Plan achieved against target. If a positive ROIC is not met, then regardless of EBITDA performance achieved, this portion (75%) will not vest. The remaining 25% will vest relative to TSR measured over three-year performance period for the Company against Performance Peer Group, the result will be used to determine vesting levels of this portion of the award.
- [F2]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. The restricted stock units ("RSU Awarded Units") vest and become payable as follows: (i) one-third of the total RSU Awarded Units on the first anniversary of the date of grant; (ii) one-third of the total RSU Awarded Units on the second anniversary of the date of grant; and (iii) one-third of the total RSU Awarded Units on the third anniversary of the date of grant.
Documents
Issuer
COMMERCIAL METALS CO
CIK 0000022444
Entity typeother
Related Parties
1- filerCIK 0001483430
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 4:21 PM ET
- Size
- 8.4 KB