Avner M. Applbaum - 13 Dec 2021 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role: EVP & CFO
Signature: /s/ R. Andrew Massey for Avner M. Applbaum
Issuer symbol: VMI
Transactions as of: 13 Dec 2021
Net transactions value: -$34,284
Form type: 4
Filing time: 15 Dec 2021, 11:35:00 UTC
Next filing: 23 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VMI	Common Stock	Award	$0	+1,144	+49%	$0.000000	3,456	13 Dec 2021	Direct	F1
transaction	VMI	Common Stock	Tax liability	$34,284	-139	-4%	$246.65	3,317	14 Dec 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VMI	Non-Qualified Stock Option (right to buy)	Award	$0	+4,242		$0.000000	4,242	13 Dec 2021	Common Stock	4,242	$252.89	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock unit award which vests in three equal installments commencing December 13, 2022.
F2	Options vest in three equal annual installments commencing December 13, 2022.