William R. Devlin - May 6, 2021 Form 4 Insider Report for EAGLE MATERIALS INC (EXP)

Role: SVP, Controller
Signature: /s/ Scott M. Wilson as Attorney-in Fact for William R. Devlin
Stock symbol: EXP
Transactions as of: May 6, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/10/2021, 05:14 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	+3.36K	+10.19%	$0.00	36.4K	May 6, 2021	Direct	F1
holding	EXP	Common Stock						1.92K	May 6, 2021	By 401(k)

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	+3.06K		$0.00	3.06K	May 6, 2021	Common Stock	3.06K	$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 3,364 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 3,364 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 3,057 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 3,057 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.