Thompson S. Baker II - 11 Feb 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chief Operating Officer
Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
11 Feb 2022
Net transactions value
-$556,239
Form type
4
Filing time
15 Feb 2022, 17:00:28 UTC
Previous filing
04 Feb 2022
Next filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +9,441 +105% 18,463 11 Feb 2022 Direct F1
transaction VMC Common Stock Tax liability $556,239 -2,944 -16% $188.94 15,519 11 Feb 2022 Direct F2
holding VMC Common Stock 2,000 11 Feb 2022 As Trustee of Martha F. Baker Revocable Living Trust
holding VMC Common Stock 7,135 11 Feb 2022 As Trustee of Thompson S. Baker II Revocable Trust
holding VMC Common Stock 5,600 11 Feb 2022 Shares held for the benefit of children
holding VMC Common Stock (401k) 3,339 11 Feb 2022 Direct

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 VMC Performance Share Units Options Exercise $0 -6,700 -100% $0.000000* 0 11 Feb 2022 Common Stock 6,700 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Share Unit ("PSU") was settled 100% in Vulcan common stock. These PSUs vested following a three-year performance period ending December 31, 2021. At the end of the performance period, the Compensation Committee determined to pay out the award based on pre-established performance criteria.
F2 Represents shares sold by the Company for tax withholding.