Craig M. LaTorre - Feb 14, 2022 Form 4 Insider Report for MARTIN MARIETTA MATERIALS INC (MLM)

Signature
/s/ Roselyn R. Bar, attorney-in-fact
Stock symbol
MLM
Transactions as of
Feb 14, 2022
Transactions value $
-$414,074
Form type
4
Date filed
2/16/2022, 05:03 PM
Previous filing
Aug 24, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLM Common Stock Award $0 +2.5K +25.11% $0.00 12.5K Feb 14, 2022 Direct F1
transaction MLM Common Stock Tax liability -$414K -1.12K -9% $369.05 11.3K Feb 14, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units into common stock that were granted under the Martin Marietta Amended and Restated Stock Based Award Plan on February 20, 2019. The ultimate amount of shares to be received under the grant depended on the achievement of performance goals during a three-year performance period from January 1, 2019 through December 31, 2021. On February 14, 2022, Martin Marietta's Management Development and Compensation Committee certified the attainment of the applicable performance goals and approved the settlement of the PSU grant. The shares underlying the PSUs vested on December 31, 2021.