Key facts
- This page summarizes Rajan C. Penkar's Form 4 filing for U.S. CONCRETE, INC..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 30 Aug 2021, 17:27.
Rajan C. Penkar - 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
- -$416,620
- SEC form
- 4
- Accepted by SEC
- 30 Aug 2021, 17:27:45 UTC
- Prior SEC filing
- 10 Jun 2021
- Next SEC filing
- 20 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ CiCi Sepehri, as Attorney-in-Fact for Rajan C. Penkar
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Rajan C. Penkar filed Form 4 for U.S. CONCRETE, INC. on 30 Aug 2021.
Change
- Previous filing in this sequence was filed on 10 Jun 2021.
- Current net transaction value: -$416,620.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
USCR
transaction
Common stock
Disposed to Issuer
- Transaction value
- $416,620
- Shares
- -5,630
- Change %
- -100%
- Price
- $74.00
- Shares after
- 0
- Date
- 26 Aug 2021
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Rajan C. Penkar 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
2,010 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.