-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HN//H+Kzu+l+n8cFeeIQYK0SnIcGo7HIekuAKQWFzcTBmCcZKhoYdOLeLGJn3agr 9Ens838uQGC9+AwLq7pUhA== 0000018532-97-000021.txt : 19970610 0000018532-97-000021.hdr.sgml : 19970610 ACCESSION NUMBER: 0000018532-97-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970531 FILED AS OF DATE: 19970609 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTEX CORP CENTRAL INDEX KEY: 0000018532 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 750778259 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06776 FILM NUMBER: 97620655 BUSINESS ADDRESS: STREET 1: 3333 LEE PARKWAY SUITE 1200 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 2145596500 MAIL ADDRESS: STREET 1: PO BOX 19000 STREET 2: PO BOX 19000 CITY: DALLAS STATE: TX ZIP: 75219 FORMER COMPANY: FORMER CONFORMED NAME: CENTEX CONSTRUCTION CO INC DATE OF NAME CHANGE: 19681211 COMPANY DATA: COMPANY CONFORMED NAME: GILLILAN WILLIAM J III CENTRAL INDEX KEY: 0001016212 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: CENTEX CORPORATION STREET 2: P O BOX 199000 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 2145596500 MAIL ADDRESS: STREET 1: P O BOX 199000 CITY: DALLAS STATE: TX ZIP: 75219 4 1 FORM 4 - 05/31/97 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Gillilan III, William J 2728 N. Harwood Dallas, TX 75201 USA 2. Issuer Name and Ticker or Trading Symbol Centex Corporation CTX 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 05/31/97 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) President and Chief Operating Officer 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock, par value $0.|5/15/9|M(1)| |5,000 |A |$8.50 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/15/9|S(1)| |5,000 |D |$39.50 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/15/9|M(1)| |5,000 |A |$8.50 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/15/9|S(1)| |5,000 |D |$39.75 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/20/9|M(1)| |3,192 |A |$8.50 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/20/9|S(1)| |2,192 |D |$40.00 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/20/9|M(1)| |1,808 |A |$17.125 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/20/9|S(1)| |1,808 |D |$40.00 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/23/9|M(1)| |5,000 |A |$17.125 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/23/9|S(1)| |5,000 |D |$41.00 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/27/9|M(1)| |5,000 |A |$17.125 | | | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, par value $0.|5/27/9|S(1)| |5,000 |D |$40.75 |52 |D | | 25 per share |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Option Right to Buy |$8.50 |5/15/|M(1)| |5,000 |D |____(|11/12|Common Stock|5,000 | | | | | | |97 | | | | |2) |/97 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option Right to Buy |$8.50 |5/15/|M(1)| |5,000 |D |____(|11/12|Common Stock|5,000 | | | | | | |97 | | | | |2) |/97 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option Right to Buy |$8.50 |5/20/|M(1)| |3,192 |D |____(|11/12|Common Stock|3,192 | |13,060(5) |D | | | |97 | | | | |2) |/97 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option Right to Buy |$17.125 |5/20/|M(1)| |1,808 |D |____(|4/1/2|Common Stock|1,808 | | | | | | |97 | | | | |3) |001 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option Right to Buy |$17.125 |5/23/|M(1)| |5,000 |D |____(|4/1/2|Common Stock|5,000 | | | | | | |97 | | | | |3) |001 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option Right to Buy |$17.125 |5/27/|M(1)| |5,000 |D |____(|4/1/2|Common Stock|5,000 | |58,192 |D | | | |97 | | | | |3) |001 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option Right to Buy |$35.125 |4/1/9|A |V|59,250 |A |____(|4/1/2|Common Stock|59,250 | |59,250(6) |D | | | |7 | | | | |4) |007 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) This exercise and/or sale was made pursuant to and in reliance upon the exemption contained in Rule 16b-3. (2) Shares vest as a result of achievement of performance levels. Options expire on November 12, 1997, the 10th anniversary of the grant. Unvested options automatically vest on July 12, 1997. (3) Shares vest based on achievement of certain levels of net earnings as a percentage of stockholders' equity. Options expire on April 1, 2001, the 10th anniversary of the grant. (4) Shares vest over four years with 20% vesting on April 1, 1997, the date of the grant, and the remaining shares vesting at 20% a year over the next four years on the anniversary of the grant. Options expire on April 1, 2007, the 10th anniversary of the grant. (5) Of such shares, none are exercisable. (6) Of such shares, 47,400 are not currently exercisable. SIGNATURE OF REPORTING PERSON \s\ William J Gillilan III DATE June 5, 1997
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