U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person
ALB Acquisition Corporation
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(Last) (First) (Middle)
c/o Vulcan Materials Company
One Metroplex Drive
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(Street)
Birmingham Alabama 35209
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
1/1/99
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
CalMat Co. (NYSE:CZM)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line):
[ X ] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock, $1.00 par value(1) 22,713,306 shares D(2)
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(over)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(1)Including the associated Common Share Purchase Rights Agreement, dated as of
September 22, 1987, as amended as of October 26, 1992, July 22,1997 and November
14, 1998 between CalMat Co. (the "Company") and First Chicago Trust Company of
New York.
(2)ALB Acquisition Corporation, an indirect, wholly-owned subsidiary of Vulcan
Materials Company acquired these shares pursuant to a tender offer for all
outstanding shares of Common Stock, $1.00 par value, of the Company.
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FORM 3 (Continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
ALB Acquisition Corporation
/s/ William F. Denson, III January 6, 1999
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Name: William F. Denson, III Date
Title: Vice President and
Secretary on behalf of ALB Acquisition
Corporation
** 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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