Suzanne H. Wood - 11 Feb 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
11 Feb 2022
Net transactions value
-$939,032
Form type
4
Filing time
15 Feb 2022, 17:01:28 UTC
Previous filing
08 Sep 2021
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +11,132 +551% 13,152 11 Feb 2022 Direct F1
transaction VMC Common Stock Tax liability $939,032 -4,970 -38% $188.94 8,182 11 Feb 2022 Direct F2
holding VMC Common Stock (401k) 1,938 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 -7,900 -100% $0.000000* 0 11 Feb 2022 Common Stock 7,900 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.