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

Role
Chief Operating Officer
Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 11, 2022
Transactions value $
-$556,239
Form type
4
Date filed
2/15/2022, 05:00 PM
Previous filing
Feb 4, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +9.44K +104.64% 18.5K Feb 11, 2022 Direct F1
transaction VMC Common Stock Tax liability -$556K -2.94K -15.95% $188.94 15.5K Feb 11, 2022 Direct F2
holding VMC Common Stock 2K Feb 11, 2022 As Trustee of Martha F. Baker Revocable Living Trust
holding VMC Common Stock 7.14K Feb 11, 2022 As Trustee of Thompson S. Baker II Revocable Trust
holding VMC Common Stock 5.6K Feb 11, 2022 Shares held for the benefit of children
holding VMC Common Stock (401k) 3.34K Feb 11, 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 -6.7K -100% $0.00* 0 Feb 11, 2022 Common Stock 6.7K 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.