Randy L. Pigg - 11 Feb 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role: Vice President and Controller
Signature: /s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol: VMC
Transactions as of: 11 Feb 2022
Net transactions value: -$59,705
Form type: 4
Filing time: 15 Feb 2022, 17:02:02 UTC
Previous filing: 17 Aug 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		+663	+53%		1,907	11 Feb 2022	Direct	F1
transaction	VMC	Common Stock	Tax liability	$59,705	-316	-17%	$188.94	1,591	11 Feb 2022	Direct	F2
holding	VMC	Common Stock (401k)						1,402	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	-470	-100%	$0.000000^*	0	11 Feb 2022	Common Stock	470		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.