Timothy P. Francis - 13 Dec 2021 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role: SVP and Corporate Controller
Signature: /s/ R. Andrew Massey for Timothy P. Francis
Issuer symbol: VMI
Transactions as of: 13 Dec 2021
Net transactions value: -$12,579
Form type: 4
Filing time: 15 Dec 2021, 11:39:30 UTC
Next filing: 20 Dec 2021
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	+375	+7.1%	$0.000000	5,643	13 Dec 2021	Direct	F1
transaction	VMI	Common Stock	Tax liability	$12,579	-51	-0.9%	$246.65	5,592	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	+1,391		$0.000000	1,391	13 Dec 2021	Common Stock	1,391	$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.