UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 24, 2017 (August 23, 2017) USG Corporation | ||||||
(Exact name of registrant as specified in its charter) Commission File Number: 1-8864 | ||||||
Delaware | 36-3329400 | |||||
(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) | |||||
550 West Adams Street, Chicago, Illinois | 60661-3676 | |||||
(Address of principal executive offices) | (Zip Code) | |||||
(312) 436-4000 | ||||||
Registrant’s telephone number, including area code | ||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: □ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) □ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) □ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) □ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter). Emerging growth company □ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □ | ||||||
Item 8.01 Other Events.
On August 23, 2017, Jennifer F. Scanlon, President and Chief Executive Officer of USG Corporation (the “Company”), adopted a stock trading plan related to the exercise of stock options that are scheduled to expire in February 2018 and the sale of the underlying Company common stock. Subject to the trading plan provisions, including certain minimum price levels, transactions may take place through February 2018.
Ms. Scanlon entered into the plan to avoid any option expirations and for investment diversification.
The trading plan is intended to satisfy the requirements of Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and was adopted in accordance with the Company’s policies regarding securities transactions. Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company stock.
Transactions under this plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission, to the extent required by law.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
USG CORPORATION | ||||
Registrant | ||||
Date: | August 24, 2017 | By: | /s/ Michelle M. Warner | |
Michelle M. Warner, | ||||
Senior Vice President, General Counsel | ||||
and Corporate Secretary |