U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Dagnan, O. G.
3710
Suite 1600
Dallas, TX 75219
USA
2. Issuer Name and Ticker or Trading Symbol
Centex Construction Products, Inc.
CXP
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
March 1996
5. If Amendment, Date of Original (Month/Year)
March 1996
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President and Chief Executive Officer
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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Common Stock, par value $0.01|____(1|T |848 (2) |A |____(1) |1,957 (2) |I |CCP Profit Sharing & Retire|
per share |) | | | | | | |ment Plan |
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Common Stock, par value $0.01| | | | | |10,600 |D | |
per share | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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Explanation of Responses:
(1) These shares were acquired during the fiscal year ended March 31, 1996
under the Centex Construction
Products, Inc. Profit Sharing and Retirement Plan at prices ranging from
$12.625 per share to $14.375 per share
in transactions that were exempt from Section 16(b) by virtue of old Rule
16a-8(b). The information is as of
March 31, 1996, and is based on a plan statement as of such
date.
(2) Share numbers are rounded to the nearest whole
share.
SIGNATURE OF REPORTING PERSON
\s\ O. G. Dagnan
DATE
July 12, 1996