Suzanne H. Wood - Feb 18, 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
SVP & Chief Financial Officer
Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 18, 2022
Transactions value $
-$206,250
Form type
4
Date filed
2/23/2022, 05:01 PM
Previous filing
Feb 15, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock +Options Exercise +2,600 +31.78% 10,782 Feb 22, 2022 Direct F1
transaction VMC Common Stock -Tax liability -$206,250 -1,113 -10.32% $185.31 9,669 Feb 22, 2022 Direct F2
holding VMC Common Stock (401k) 1,939 Feb 18, 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 +Grant/Award $0 +6,200 $0.00 6,200 Feb 18, 2022 Common Stock 6,200 Direct F3
transaction VMC Restricted Stock Units +Grant/Award $0 +2,100 $0.00 2,100 Feb 18, 2022 Common Stock 2,100 Direct F1, F4
transaction VMC Stock Appreciation Right +Grant/Award $0 +6,300 $0.00 6,300 Feb 18, 2022 Common Stock 6,300 $185.31 Direct F5
transaction VMC Restricted Stock Units -Options Exercise $0 -2,600 -100% $0.00 0 Feb 22, 2022 Common Stock 2,600 Direct F1, F4

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
F2 Represents shares sold by the Company for tax withholding.
F3 Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2022 and ends on December 31, 2024. At the end of the Performance Period, the Compensation Committee determines the payment amount based on (1) Company performance relative to the S&P 500 Index, of which the Company is a member, and (2) the Company's annual average growth rate of Cash Gross Profit per ton versus a pre-determined target. The payment is made 100% in stock on a payment date determined by the Compensation Committee.
F4 Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.
F5 Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.