0001073429-21-000132.txt : 20210322 0001073429-21-000132.hdr.sgml : 20210322 20210322193154 ACCESSION NUMBER: 0001073429-21-000132 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210318 FILED AS OF DATE: 20210322 DATE AS OF CHANGE: 20210322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BURTON HERBERT A. CENTRAL INDEX KEY: 0001702600 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34530 FILM NUMBER: 21762632 MAIL ADDRESS: STREET 1: C/O U.S. CONCRETE, INC. STREET 2: 331 N. MAIN ST. CITY: EULESS STATE: X1 ZIP: 76039 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: U.S. CONCRETE, INC. CENTRAL INDEX KEY: 0001073429 STANDARD INDUSTRIAL CLASSIFICATION: CONCRETE PRODUCTS, EXCEPT BLOCK & BRICK [3272] IRS NUMBER: 760586680 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 331 N. MAIN STREET CITY: EULESS STATE: TX ZIP: 76039 BUSINESS PHONE: 817-835-4105 MAIL ADDRESS: STREET 1: 331 N. MAIN STREET CITY: EULESS STATE: TX ZIP: 76039 FORMER COMPANY: FORMER CONFORMED NAME: US CONCRETE INC DATE OF NAME CHANGE: 19990323 FORMER COMPANY: FORMER CONFORMED NAME: RMX INDUSTRIES INC DATE OF NAME CHANGE: 19981113 4 1 wf-form4_161645589871132.xml FORM 4 X0306 4 2021-03-18 0 0001073429 U.S. CONCRETE, INC. USCR 0001702600 BURTON HERBERT A. C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS TX 76039 0 1 0 0 Regional VP & GM - West Common stock 2021-03-18 4 M 0 1340 0 A 13339 D Common stock 2021-03-18 4 F 0 665 62.39 D 12674 D Restricted stock units 2021-03-18 4 M 0 1340 0 D Common stock 1340.0 1340 D The March 1, 2019 stock award's fourth performance-based target of a 20-day consecutive trading day threshold of $58.60 per share, as set forth in footnote 4, was achieved. Each Restricted Stock Unit was granted from the U.S. Concrete, Inc. Long Term Incentive Plan and represents the right to receive one share of common stock upon vesting, or as set forth in footnote 4, two shares of common stock in the aggregate. The Restricted Stock Units were granted on March 1, 2019 and will vest as follows: (i) 60% of the total number of the awarded shares are Time-Based and will become vested over three years in equal annual installments from the date of grant, and (ii) the remaining 40% of the awarded shares are Performance-Based, half (or 50%) of which vested on 5/16/2019 and the remaining half of which vested on 10/14/2019. The Performance-Based portion of the March 1, 2019 Restricted Stock Units would result in vesting into additional shares (effectively making each Performance-Based RSU represent two shares) if the average of the daily volume weighted average share price (VWAP) of the Company's stock over any period of 20 consecutive trading days attains (i) $54.10 per share (resulting in the vesting into an additional 1,340 shares) and (ii) $58.60 per share (resulting in the vesting into a further additional 1,340 shares) within the three-year period from the date of grant. /s/ CiCi S. Sepehri, as Attorney-in-Fact for Herbert A. Burton 2021-03-22