AI assistant
COMMERCIAL METALS Co — Director's Dealing 2014
Feb 5, 2014
30872_dirs_2014-02-04_104384f7-de7d-4332-a9e0-136b185f4f6f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2014-02-01
Reporting Person: ALVARADO JOSEPH (Director, CHAIRMAN OF THE BOARD, PRESIDE)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-01 | Common Stock | M | 30338.0 | $19.06 | Acquired | 230572 | Direct |
| 2014-02-01 | Common Stock | F | 11332.0 | $19.06 | Disposed | 219240 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-01 | Restricted Stock Units | $0.0 | M | 30338.0 | Disposed | 2016-02-01 | Common Stock (30338) | Direct |
Footnotes
F1: This is the first vest of Mr. Alvarado's award of restricted stock units ("RSU Awarded Units") under the 2013 Long-Term Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of CMC common stock. The RSU Awarded Units vest and become payable as follows: (i) one-third of the total RSU Awarded Units on the first anniversary of the date of grant; (ii) one-third of the total RSU Awarded Units on the second anniversary of the date of grant; and (iii) one-third of the total RSU Awarded Units on the third anniversary of the date of grant.