J. Thomas Hill - 11 Feb 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chairman, President & CEO, Director
Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
11 Feb 2022
Net transactions value
-$3,189,685
Form type
4
Filing time
15 Feb 2022, 17:00:48 UTC
Previous filing
01 Sep 2021
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 +38,043 +129% 67,574 11 Feb 2022 Direct F1
transaction VMC Common Stock Tax liability $3,189,685 -16,882 -25% $188.94 50,692 11 Feb 2022 Direct F2
holding VMC Common Stock (401k) 28,800 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 -27,000 -100% $0.000000* 0 11 Feb 2022 Common Stock 27,000 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.