Michael Haack - May 8, 2023 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 8, 2023
Transactions value $
$0
Form type
4
Date filed
5/10/2023, 07:17 PM
Previous filing
Apr 4, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXP Common Stock Award $0 +16K +19.96% $0.00 96.4K May 8, 2023 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 +13.9K $0.00 13.9K May 8, 2023 Common Stock 13.9K $126.22 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, 2022, the reporting person was granted 16,044 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 2023. On May 8, 2023 the performance vesting criteria was determined to have been met such that 16,044 shares of restricted stock became earned and reportable on such date. The restrictions on the earned shares will lapse ratably on May 17, 2023 and March 31 of 2024, 2025 and 2026.
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, 2022, the reporting person was granted an option to purchase up to 13,907 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 2023. On May 8, 2023 the performance vesting criteria was determined to have been met such that 13,907 options became earned and reportable on such date. The earned options become vested and exercisable ratably on May 8, 2023 and March 31 of 2024, 2025 and 2026.