C. Howard Nye - Feb 21, 2023 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 21, 2023
Transactions value $
-$4,528,983
Form type
4
Date filed
2/22/2023, 03:47 PM
Previous filing
Feb 21, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLM Common Stock Award $0 +22.3K +19.91% $0.00 135K Feb 21, 2023 Direct F1
transaction MLM Common Stock Tax liability -$4.53M -12.6K -9.36% $359.70 122K Feb 21, 2023 Direct
holding MLM Common Stock 75.4K Feb 21, 2023 By Charles Howard Nye Irrevocable Trust
* 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 19, 2020. 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, 2020 through December 31, 2022. On February 21, 2023, 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, 2022.