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COMMERCIAL METALS Co — Director's Dealing 2014
Oct 29, 2014
30872_dirs_2014-10-29_ebc76691-ca98-4407-9ad4-c7b0d4ab1dc8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2014-10-27
Reporting Person: ALVARADO JOSEPH (Director, CHAIRMAN OF THE BOARD, PRESIDE)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-10-27 | Common Stock | A | 138122.0 | $0.0 | Acquired | 363442 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-27 | Performance Shares | $0.0 | A | 138122.0 | Acquired | 2017-08-31 | Common Stock (138122) | Direct |
Footnotes
F1: An Award of restricted stock units (the "Award") issued under the 2013 Long-Term Equity Incentive Plan. The Award vests and becomes payable as follows: (i) one-third of the Award on the first anniversary of the date of grant; (ii) one-third of the Award on the second anniversary of the date of grant; and (iii) one-third of the Award on the third anniversary of the date of grant.
F2: Each restricted stock unit represents a contingent right to receive one share of CMC common stock.
F3: The PSU award will vest at 75% if certain financial criteria are met. The remaining 25% will vest relative to Total Shareholder Return measured over a three-year performance period for the Company against its Performance Peer Group.