UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Clarke, Robert L.
Bracewell & Patterson
2900 Pennzoil Place
711 Louisiana
Houston, TX 77002
2. Issuer Name and Ticker or Trading Symbol
Centex Construction Products, Inc. (CXP)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
07/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 3,000 D Direct
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
- ------------------------------------------------------------------------------------------------------------------------------------
Non-Qualified Stock Option $12.0000 07/11/04
(right to buy)
Non-Qualified Stock Option $22.5000 06/26/00 A V 3,000 (1) 06/26/10
(right to buy)
Non-Qualified Stock Option $34.9063 04/28/09
(right to buy)
Non-Qualified Stock Option $36.5625 04/01/08
(right to buy)
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
- ------------------------------------------------------------------------------------------------------------------------------------
Non-Qualified Stock Option Common Stock 5,000 5,000 D Direct
(right to buy)
Non-Qualified Stock Option 06/26/00 Common Stock 3,000 3,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 3,000 3,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 3,000 3,000 D Direct
(right to buy)
Explanation of Responses:
(1)
Shares will vest over a three year period when the Company first achieves certain specified two-year average operating earnings and
return on average net assets goals, with 1/3 of the shares vesting as of March 31 of the fiscal year in which the Company first
achieves such financial goals and 1/3 of the shares vesting on each of the first and second anniversaries of such date. As of each
vesting date, optionee must still be employed by the Company in order for vesting to occur. Any unvested shares will vest
automatically on the date that is nine years and nine months following the date of grant.
SIGNATURE OF REPORTING PERSON
/S/ Clarke, Robert L.
DATE 07/28/00
