Colin McGill Sutherland - Aug 26, 2021 Form 4 Insider Report for U.S. CONCRETE, INC. (USCR)

Role
Director
Signature
/s/ CiCi Sepehri, as Attorney-in-Fact for Colin McGill Sutherland
Stock symbol
USCR
Transactions as of
Aug 26, 2021
Transactions value $
-$1,084,766
Form type
4
Date filed
8/30/2021, 05:39 PM
Previous filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USCR Common stock Disposed to Issuer -$1.08M -14.7K -100% $74.00 0 Aug 26, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Colin McGill Sutherland is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.