Aaron M. Schapper - May 7, 2024 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role
Group Pres. Agriculture & CSO
Signature
/s/ R. Andrew Massey for Aaron M. Schapper
Stock symbol
VMI
Transactions as of
May 7, 2024
Transactions value $
-$350,650
Form type
4
Date filed
5/8/2024, 04:05 PM
Previous filing
Feb 28, 2024
Next filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMI Common Stock Options Exercise $280K +2.5K +9% $112.08 30.3K May 7, 2024 Direct
transaction VMI Common Stock Sale -$631K -2.5K -8.26% $252.34 27.8K May 7, 2024 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 -2.5K -50% $0.00 2.5K May 7, 2024 Common Stock 2.5K $112.08 Direct F2
* 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 $252.24 to $252.62, inclusive. The reporting person undertakes to provide to Valmont Industries, Inc, any security holder of the company, 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 Options vested on December 17, 2023.