Michael R. Nicolais - 06 Aug 2023 Form 4 Insider Report for EAGLE MATERIALS INC (EXP)

Role
Director
Signature
/s/ Scott M. Wilson as Attorney-in-Fact for Michael R. Nicolais
Issuer symbol
EXP
Transactions as of
06 Aug 2023
Net transactions value
+$50.77
Form type
4
Filing time
08 Aug 2023, 18:12:14 UTC
Previous filing
18 Jul 2023
Next filing
18 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXP Common Stock Options Exercise $145,241 +2,161 +5% $67.21 45,190 06 Aug 2023 Direct
transaction EXP Common Stock Tax liability $145,190 -772 -1.7% $188.07 44,418 06 Aug 2023 Direct F1, F2
transaction EXP Common Stock Award $0 +1,666 +3.8% $0.000000 46,084 07 Aug 2023 Direct F3
holding EXP Restricted Common Stock Units 3,947 06 Aug 2023 Direct
holding EXP Common Stock 1,550 06 Aug 2023 By Profit Sharing Plan of Reporting Person's Employer
holding EXP Common Stock 3,500 06 Aug 2023 By Reporting Person's IRA
holding EXP Common Stock 1,386 06 Aug 2023 By Wife's IRA

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 Optin (Right to Buy) Options Exercise $0 -2,161 -100% $0.000000* 0 06 Aug 2023 Common Stock 2,161 $67.21 Direct F4
transaction EXP Non Qualified Stock Optin (Right to Buy) Award $0 +1,348 $0.000000 1,348 07 Aug 2023 Common Stock 1,348 $190.97 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 772 shares were withheld by Mr. Nicolais to pay for the exercise price in connection with the exercise of the Non-Qualified Stock Option shown in Table II. As a result of this transaction, Mr. Nicolais acquired an additional 1,389 shares of Common Stock.
F2 In accordance with the issuer's 2013 Amended and Restated Incentive Plan, this price represents the closing price per share of Common Stock on the previous trading date.
F3 On August 7, 2023, the reporting person was granted 1,666 shares of restricted stock. The restrictions will lapse on August 1, 2024.
F4 Shares vested immediately on the date the grant was awarded.