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Eagle Materials Inc's President (American Gypsum) just declared owning 40,793 shares of Eagle Materials Inc

Keith W Metcalf, Eagle Materials Inc's President (American Gypsum), has just filed an initial statement of beneficial ownership where 40,793 shares of Eagle Materials Inc were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Metcalf. Metcalf operates out of Dallas, TX. Some additional info was provided as follows:

This number includes the following restricted shares: (a) 590 shares remaining from a grant awarded to the reporting person on 6/19/2012, the restrictions on which will lapse on 3/17/2017; (b) 2,678 shares remaining from a grant awarded to the reporting person on 8/12/2013, the restrictions on which will lapse ratably on March 31 of 2017 and 2018; and (c) 3,090 shares remainin g from a grant awarded to the reporting person on 6/3/2014, the restrictions on which will lapse ratably on March 31 of 2017, 2018 and 2019. On May 9, 2006, the reporting person was granted an option to purchase up to 3,235 shares of Common Stock subject to the achievement by the Company of certain performance vesting criteria measured at the end of fiscal 2007. On April 30, 2007, the performance conditions as of March 31, 2007 were determined to have been satisfied such that stock options vested as to 2,683 shares and currently all of these options are exercisable. On June 27, 2011 the reporting person was granted an option to purchase up to 19,287 shares of Common Stock and currently 12,887 of these options remain exercisable. On June 19, 2012 the reporting person was granted an option to purchase up to 23,057 shares of Common Stock and currently all of these options are exercisable. On August 12, 2013, the reporting person was granted an option to purchase up to 5,761 shares of Common Stock. Currently 3,841 options are exercisable and the remaining 1,920 options become exercisable on August 12, 2016. On June 3, 2014, the reporting person was granted an option to purchase up to 4,685 shares of Common Stock subject to the achievement by the Company of certain performance vesting criteria measured as the end of fiscal 2015. On May 5, 2015, the performance vesting criteria were determined to have been satisfied such that all of such options became earned on such date. Currently 3,124 options are exercisable and the remaining 1,561 options become exercisable on March 31, 2017. On June 10, 2015, the reporting person was granted an option to purchase up to 12,116 shares of Common Stock that will vest as follows: 4,039 shares on June 10, 2016; 4,039 shares on June 10, 2017; and 4,038 shares on June 10, 2018. On January 1, 2016, the reporting person was granted an option to purchase up to 15,000 shares of Common Stock; the options vesting ratably over 5 years beginning on January 1, 2017.

The above information was disclosed in a filing to the SEC. To see the filing, click here. Eagle Materials Inc next reports earnings on May 12, 2016.

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Other recent filings from the company include the following:

Eagle Materials Inc's President & CEO just disposed of 23,554 shares - April 4, 2016
Eagle Materials Inc's EVP and CFO just disposed of 2,245 shares - April 4, 2016
Eagle Materials Inc's President & CEO just disposed of 2,925 shares - April 4, 2016