Stephen G. Kaniewski - May 17, 2022 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role
President and CEO, Director
Signature
/s/ R. Andrew Massey for Stephen G. Kaniewski
Stock symbol
VMI
Transactions as of
May 17, 2022
Transactions value $
-$2,397,683
Form type
4
Date filed
5/19/2022, 09:45 AM
Previous filing
Feb 23, 2022
Next filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMI Common Stock Options Exercise $1.97M +17.5K +40.01% $112.08 61.4K May 17, 2022 Direct
transaction VMI Common Stock Sale -$779K -3.14K -5.11% $248.22 58.2K May 17, 2022 Direct F1
transaction VMI Common Stock Sale -$3.46M -13.9K -23.87% $248.86 44.3K May 17, 2022 Direct F2
transaction VMI Common Stock Sale -$125K -500 -1.13% $250.00 43.8K May 17, 2022 Direct F3
holding VMI Common Stock 249 May 17, 2022 401(K)

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) Options Exercise $0 -17.5K -100% $0.00* 0 May 17, 2022 Common Stock 17.5K $112.08 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.60 to $248.525, inclusive. The reporting person undertakes to provide to Valmont Industries, Inc., any security holder of Valmont Industries Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $248.625 to $249.20, inclusive.
F3 The reported in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $249.73 to $250.11, inclusive.
F4 Options vested in three equal annual installments commencing on December 17, 2019.