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Filing Details

Accession Number:: 0000757011-15-000054
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-02-13 16:18:29
Reporting Period:: 2015-02-11

Filing Date:: 2015-02-13
Accepted Time:: 2015-02-13 16:18:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
757011	Usg Corp	USG	Concrete, Gypsum & Plaster Products (3270)	363329400

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1207297	L Stanley Ferguson	C/O Usg Corporation 550 West Adams Street Chicago IL 60661	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-02-11	25,272	$0.00	156,937	No	4	A	Direct
Common Stock	Disposition	2015-02-11	8,621	$27.74	148,316	No	4	F	Direct
Common Stock	Acquisiton	2015-02-11	7,311	$0.00	155,627	No	4	M	Direct
Common Stock	Disposition	2015-02-11	2,274	$27.74	153,353	No	4	F	Direct
Common Stock	Disposition	2015-02-13	10,000	$29.05	143,353	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Market Share Units	Disposition	2015-02-11	8,008	$0.00	0	$0.00
Common Stock	Market Share Units	Acquisiton	2015-02-11	20,335	$0.00	20,335	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,008			No	4	M	Direct
20,335			No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	287	Indirect	By 401(K) Plan

Footnotes

Shares withheld to satisfy tax withholding obligation with respect to performance shares that became earned.
These Market Share Units were granted on February 13, 2013. The Board of Directors (the "Board") certified performance of half of the Market Share Units on February 11, 2015 and USG Corporation (the "Company") issued to the reporting person .913 Common Shares of the Company for each half of the Market Share Units originally granted, based on the closing prices of Common Shares of the Company on the New York Stock Exchange for each trading day in December 2014.
Shares withheld to satisfy tax withholding obligation with respect to Market Share Units that became earned.
The per share sales price for the common stock sold in the reported transaction ranged from $29.00 to $29.0521. The reporting person will provide upon request by the Commission staff, the Company, or a security holder of the Company full information regarding the number of shares sold at each price.
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 pre-determined intervals 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, 2017.