0000757011-18-000018.txt : 20180215
0000757011-18-000018.hdr.sgml : 20180215
20180215162307
ACCESSION NUMBER: 0000757011-18-000018
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180214
FILED AS OF DATE: 20180215
DATE AS OF CHANGE: 20180215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Reale John M
CENTRAL INDEX KEY: 0001721825
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08864
FILM NUMBER: 18617962
MAIL ADDRESS:
STREET 1: USG CORPORATION
STREET 2: 550 WEST ADAMS STREET
CITY: CHICAGO
STATE: IL
ZIP: 60661
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
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2018-02-14
0
0000757011
USG CORP
USG
0001721825
Reale John M
C/O USG CORPORATION
550 WEST ADAMS STREET
CHICAGO
IL
60661
0
1
0
0
Senior Vice President
Common Stock
2018-02-14
4
M
0
2800
0
A
18851
D
Common Stock
2018-02-14
4
F
0
969
33.88
D
17882
D
Common Stock
1765.92
I
By 401(K)Plan
Market Share Units
2018-02-14
4
M
0
2105
0
D
Common Stock
0
D
Market Share Units
2018-02-14
4
A
0
7670
0
A
Common Stock
7670
7670
D
These Market Share Units were granted on February 11, 2015. The Board of Directors (the "Board") certified performance of these Market Share Units on February 14, 2018 and USG Corporation (the "Company") issued to the reporting person 1.33 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 2018.
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, 2020.
/s/ Jonathan Dorfman, Attorney-In-Fact
2018-02-15