Robert S. Stewart - Mar 31, 2022 Form 4 Insider Report for EAGLE MATERIALS INC (EXP)

Role: EVP-Strategy & Corp. Develop.
Signature: /s/ Scott M. Wilson Attorney-in-Fact for Robert S. Stewart
Stock symbol: EXP
Transactions as of: Mar 31, 2022
Transactions value $: -$497,040
Form type: 4
Date filed: 4/4/2022, 04:54 PM
Previous filing: Jun 3, 2021
Next filing: May 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXP	Common Stock	Tax liability	-$497K	-3.8K	-16.66%	$130.80	19K	Mar 31, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In accordance with the issuer's Amended and Restated Incentive Plan, this price represents the closing price per share of Common Stock on the previous trading day.
F2	3,800 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 808 shares of restricted stock awarded to the reporting person on 5/19/21 (Form 4 filed 5/21/21); (b) 4,111 shares of restricted stock awarded to the reporting person on 5/19/20 (Form 4s filed 5/21/20 and 5/10/21); (c) 2,525 shares of restricted stock awarded to the reporting person on 5/16/19 (Form 4s filed 5/20/19 and 5/15/20); and (d) 2,199 shares of restricted stock awarded to the reporting person on May 17, 2018 (Form 4s filed 5/21/18 and 5/15/19). Because the reporting person's restricted holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 3,800 shares to reflect this tax withholding.

Content

In accordance with the issuer's Amended and Restated Incentive Plan, this price represents the closing price per share of Common Stock on the previous trading day.

3,800 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 808 shares of restricted stock awarded to the reporting person on 5/19/21 (Form 4 filed 5/21/21); (b) 4,111 shares of restricted stock awarded to the reporting person on 5/19/20 (Form 4s filed 5/21/20 and 5/10/21); (c) 2,525 shares of restricted stock awarded to the reporting person on 5/16/19 (Form 4s filed 5/20/19 and 5/15/20); and (d) 2,199 shares of restricted stock awarded to the reporting person on May 17, 2018 (Form 4s filed 5/21/18 and 5/15/19). Because the reporting person's restricted holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 3,800 shares to reflect this tax withholding.