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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SANDBROOK WILLIAM J C/O US CONCRETE INC 2925 BRIARPARK DR STE 1050 HOUSTON, TX 77042 |
X | President and CEO |
/s/ Stephanie Collins, as Attorney-in-Fact for William J. Sandbrook | 08/24/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Pursuant to Mr. Sandbrook's Term Sheet, this represents the number of Company shares equal in number to the gross amount of $500,000 divided by the average of the closing share price for the 10 prior trading days, net of shares withheld to cover applicable taxes. |
(2) | Represents 27,042 shares withheld on August 22, 2011 to cover taxes associated with the grant of certain shares of common stock pursuant to the terms of Mr. Sandbrook's Term Sheet. |
(3) | Represents restricted shares granted under the Company's Management Equity Incentive Plan. 450,000 shares of restricted stock will in four equal annual installments beginning on the first anniversary of the date of grant. 150,000 shares of the restricted stock vest upon the Company's common stock achieving a market price of $16.00 per share for ten consecutive business days prior to August 22, 2014. |