Stephen G. Kaniewski - 02 Mar 2023 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 Mar 2023
Net transactions value: -$573,435
Form type: 4
Filing time: 06 Mar 2023, 15:02:35 UTC
Previous filing: 01 Mar 2023
Next filing: 16 Mar 2023
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	$1,073,890	+7,290	+11%	$147.31	73,095	02 Mar 2023	Direct	F1
transaction	VMI	Common Stock	Tax liability	$1,647,325	-5,074	-6.9%	$324.66	68,021	02 Mar 2023	Direct
holding	VMI	Common Stock						251	02 Mar 2023	401K

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	-7,290	-100%	$0.000000^*	0	02 Mar 2023	Common Stock	7,290	$147.31	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Options vested in three equal installments commencing December 16, 2020.