Stephen G. Kaniewski - 02 Aug 2022 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role: President and CEO, Director
Signature: /s/ R. Andrew Massey for Stephen G. Kaniewski
Issuer symbol: VMI
Transactions as of: 02 Aug 2022
Net transactions value: -$1,419,070
Form type: 4
Filing time: 04 Aug 2022, 16:09:42 UTC
Previous filing: 19 May 2022
Next filing: 01 Dec 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	Options Exercise	$1,834,344	+12,076	+28%	$151.90	55,920	02 Aug 2022	Direct
transaction	VMI	Common Stock	Sale	$1,390,199	-5,179	-9.3%	$268.43	50,741	02 Aug 2022	Direct	F1
transaction	VMI	Common Stock	Sale	$728,781	-2,705	-5.3%	$269.42	48,036	02 Aug 2022	Direct	F2
transaction	VMI	Common Stock	Sale	$963,272	-3,562	-7.4%	$270.43	44,474	02 Aug 2022	Direct	F3
transaction	VMI	Common Stock	Sale	$143,943	-530	-1.2%	$271.59	43,944	02 Aug 2022	Direct	F4
transaction	VMI	Common Stock	Sale	$27,220	-100	-0.23%	$272.20	43,844	02 Aug 2022	Direct
holding	VMI	Common Stock						249	02 Aug 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	-12,076	-100%	$0.000000^*	0	02 Aug 2022	Common Stock	12,076	$151.90	Direct	F5

* 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 $268.10 to $268.99, 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), (3) and (4) 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 $269.00 to $269.98, inclusive.
F3	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $270.05 to $270.94, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $271.03 to $271.87, inclusive.
F5	Options vested in three equal annual installments commencing on December 19, 2017.