J. Thomas Hill - 23 Jan 2023 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
23 Jan 2023
Net transactions value
-$391,554
Form type
4
Filing time
25 Jan 2023, 09:08:55 UTC
Previous filing
18 Jan 2023
Next filing
14 Feb 2023
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 $387,870 +7,000 +13% $55.41 62,912 23 Jan 2023 Direct F1
transaction VMC Common Stock Tax liability $779,424 -4,357 -6.9% $178.89 58,555 23 Jan 2023 Direct F2
holding VMC Common Stock (401k) 30,845 23 Jan 2023 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 Stock Appreciation Right Options Exercise $0 -7,000 -100% $0.000000* 0 23 Jan 2023 Common Stock 7,000 $55.41 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2022.
F2 Represents shares sold (for tax-withholding purposes and to cover the cost of the options) pursuant to the exercise of Stock-Only Stock Appreciation Rights previously granted.
F3 Stock-Only Stock Appreciation Right vested in four (4) equal annual installments beginning on this date.