Michael D. Lundin - 26 Aug 2021 Form 4 Insider Report for U.S. CONCRETE, INC.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 26 Aug 2021
Net transaction value: -$5,805,078
SEC form: 4
Accepted by SEC: 30 Aug 2021, 17:21:14 UTC
Prior SEC filing: 17 May 2021
Source filing: View source filing
Reporting owner signature: /s/ CiCi Sepehri, as Attorney-in-Fact for Michael D. Lundin

Key filing fact

Michael D. Lundin filed Form 4 for U.S. CONCRETE, INC. on 30 Aug 2021.

Key facts

This page summarizes Michael D. Lundin's Form 4 filing for U.S. CONCRETE, INC..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 30 Aug 2021, 17:21.

Change

Previous filing in this sequence was filed on 17 May 2021.
Current net transaction value: -$5,805,078.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

USCR transaction

Common stock

Disposed to Issuer

Transaction value: $5,120,578
Shares: -69,197
Change %: -100%
Price: $74.00
Shares after: 0
Date: 26 Aug 2021
Ownership: Direct
Footnotes: F1, F2

USCR transaction

Common stock

Disposed to Issuer

Transaction value: $684,500
Shares: -9,250
Change %: -100%
Price: $74.00
Shares after: 0
Date: 26 Aug 2021
Ownership: by the Michael D. Lundin Trust
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael D. Lundin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the terms of the Agreement and Plan of Merger, dated as of June 6, 2021, by and among U.S. Concrete, Inc. (the "Issuer"), Vulcan Materials Company, and Grizzly Merger Sub I, Inc. (the "Merger Agreement"), on August 26, 2021, each share of the Issuer's common stock ("Common Stock") issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into the right to receive $74.00 per share in cash (the "Merger Consideration"), without interest, as described in the Merger Agreement.

Footnote F2

3,216 of these securities represent shares of Common Stock underlying the Reporting Person's restricted stock unit ("RSU") awards subject to time-based vesting. Pursuant to the Merger Agreement, on August 26, 2021, unvested RSUs outstanding immediately prior to the Effective Time were canceled and converted into the right to receive the Merger Consideration.