Jason P. Teter - Feb 11, 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 11, 2022
Transactions value $
-$217,848
Form type
4
Date filed
2/15/2022, 05:00 PM
Previous filing
Dec 3, 2021
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 +2.54K +30.84% 10.8K Feb 11, 2022 Direct F1
transaction VMC Common Stock Tax liability -$218K -1.15K -10.71% $188.94 9.61K Feb 11, 2022 Direct F2
holding VMC Common Stock (401k) 2.01K 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 -1.8K -100% $0.00* 0 Feb 11, 2022 Common Stock 1.8K 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.