SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LONGLEAF PARTNERS FUNDS TRUST

(Last) (First) (Middle)
C/O SOUTHEASTERN ASSET MANAGEMENT
6410 POPLAR AVE, SUITE 900

(Street)
MEMPHIS TN 38119

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TEXAS INDUSTRIES INC [ TXI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. 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 (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/27/2011 P 80,344 A $38.44(1) 6,258,394 D
Common Stock 07/28/2011 P 143,397 A $38.26(2) 6,401,791 D
Common Stock 07/29/2011 P 160,409 A $38.51(3) 6,562,200 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $38.20 to $38.75, inclusive.
2. The price in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $38.00 to $38.50, inclusive.
3. The price in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $37.75 to $38.57, inclusive.
Remarks:
This Form 4 is filed by Longleaf Partners Funds Trust on behalf of Longleaf Partners Small-Cap Fund. As a result of Schedule 13D filings, Longleaf Partners Small Cap Fund may be deemed a "beneficial owner" of more than 10% of the company's common stock for Section 16 purposes under Rule 16a-1(a)(1). As permitted by Rule 16a-1, this Form 4 filing shall not be deemed an admission that Longleaf Partners Funds Trust or Longleaf Partners Small Cap Fund is the beneficial owner of more than 10% of the company's common stock for Section 16 purposes.
/s/ Andrew R. McCarroll, General Counsel, Southeastern Asset Management, Inc., on behalf of Longleaf Partners Funds Trust 07/29/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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