Michael Haack - May 6, 2021 Form 4 Insider Report for EAGLE MATERIALS INC (EXP)

Role
President and CEO
Signature
/s/ Scott M. Wilson as Attorney-in-Fact for Michael Haack
Stock symbol
EXP
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 04:59 PM
Next filing
May 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXP Common Stock Award $0 +17.4K +36.92% $0.00 64.7K May 6, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXP Non-Qualified Stock Option (Right to Buy) Award $0 +47.6K $0.00 47.6K May 6, 2021 Common Stock 47.6K $60.21 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 19, 2020, the reporting person was granted 17,439 shares of restricted stock, subject to the achievement by the Company of performance vesting criteria based on the Company's average return on equity measured at the end of fiscal 2021. On May 6, 2021 the performance vesting criteria was determined to have been met such that 17,439 shares of restricted stock became earned and reportable on such date. The restrictions on the earned shares will lapse ratably on May 17, 2021 and March 31 of 2022, 2023 and 2024.
F2 In accordance with the issuer's Amended and Restated Incentive Plan, this price represents the closing price per share of Common Stock on the grant date.
F3 On May 19, 2020, the reporting person was granted an option to purchase up to 47,550 shares of Common Stock, subject to the achievement by the company of performance vesting criteria based on the Company's average return on equity measured at the end of fiscal 2021. On May 6, 2021 the performance vesting criteria was determined to have been met such that 47,550 options became earned and reportable on such date. The earned options become vested and exercisable ratably on May 6, 2021 and March 31 of 2022, 2023 and 2024.