Timothy P. Francis - May 25, 2022 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role
SVP and Corporate Controller
Signature
/s/ R. Andrew Massey for Timothy P. Francis
Stock symbol
VMI
Transactions as of
May 25, 2022
Transactions value $
-$272,460
Form type
4
Date filed
5/26/2022, 03:24 PM
Previous filing
Apr 28, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMI Common Stock Options Exercise $304K +1.85K +25.34% $164.35 9.16K May 25, 2022 Direct
transaction VMI Common Stock Sale -$245K -951 -10.39% $257.18 8.21K May 25, 2022 Direct
transaction VMI Common Stock Sale -$332K -1.29K -15.7% $257.84 6.92K May 25, 2022 Direct F1

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 -1.85K -100% $0.00* 0 May 25, 2022 Common Stock 1.85K $164.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 (1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.645 to $258.225, 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 this footnote.
F2 (2) Option vested in three equal installments commencing December 18, 2018.