0000757011-17-000013.txt : 20170209
0000757011-17-000013.hdr.sgml : 20170209
20170209174536
ACCESSION NUMBER: 0000757011-17-000013
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170208
FILED AS OF DATE: 20170209
DATE AS OF CHANGE: 20170209
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: USG CORP
CENTRAL INDEX KEY: 0000757011
STANDARD INDUSTRIAL CLASSIFICATION: CONCRETE GYPSUM PLASTER PRODUCTS [3270]
IRS NUMBER: 363329400
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 550 WEST ADAMS STREET
STREET 2: DEPARTMENT 188
CITY: CHICAGO
STATE: IL
ZIP: 60661
BUSINESS PHONE: 312-606-4000
MAIL ADDRESS:
STREET 1: DEPARTMENT #188
STREET 2: 550 WEST ADAMS STREET
CITY: CHICAGO
STATE: IL
ZIP: 60661
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Martin Mary A.
CENTRAL INDEX KEY: 0001468581
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08864
FILM NUMBER: 17588755
MAIL ADDRESS:
STREET 1: 550 WEST ADAMS STREET
CITY: CHICAGO
STATE: IL
ZIP: 60661
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2017-02-08
0
0000757011
USG CORP
USG
0001468581
Martin Mary A.
C/O USG CORPORATION
550 WEST ADAMS STREET
CHICAGO
IL
60661
0
1
0
0
Vice President
Common Stock
2017-02-08
4
A
0
5000
0
A
26211
D
Common Stock
2017-02-08
4
M
0
2556
0
A
28767
D
Common Stock
2017-02-08
4
F
0
931
31.49
D
27836
D
Market Share Units
2017-02-08
4
M
0
2904
0
D
Common Stock
0
D
Market Share Units
2017-02-08
4
A
0
3224
0
A
Common Stock
3224
3224
D
Restricted stock units that vest on the earlier of (a) the third anniversary of the date of grant, or (b) retirement (provided that retirement is no earlier than the second anniversary of the date of the grant). Each unit represents the right to receive one share of common stock.
These Market Share Units were granted on February 12, 2014. The Board of Directors (the "Board") certified performance of these Market Share Units on February 8, 2017 and USG Corporation (the "Company") issued to the reporting person .88 shares of the Company's common stock for the Market Share Units originally granted, based on the closing prices of shares of the Company's common stock on the New York Stock Exchange for the first fifteen trading days in January 2017.
Shares withheld to satisfy tax withholding obligation with respect to Market Share Units that became earned.
Each Market Share Unit represents the right to receive one share of common stock assuming certain market price targets are achieved. The Market Share Units vesting and the actual number of shares received are contingent on the Company's common stock achieving certain pre-defined market price levels during the performance period and continued employment.
Generally, the Market Share Units will be earned, if at all, once the Board certifies that pre-determined market price targets of the Company's common stock are attained, provided that the reporting person remains continuously employed by the Company or a subsidiary through December 31, 2019.
/s/ Jonathan Dorfman, Attorney-In-Fact
2017-02-09