Thompson S. Baker II - Feb 10, 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chief Operating Officer
Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 10, 2023
Transactions value $
-$448,843
Form type
4
Date filed
2/14/2023, 03:24 PM
Previous filing
Feb 6, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +8.15K +48.23% 25.1K Feb 10, 2023 Direct F1
transaction VMC Common Stock Tax liability -$449K -2.43K -9.68% $185.09 22.6K Feb 10, 2023 Direct F2
holding VMC Common Stock 2K Feb 10, 2023 As Trustee of Martha F. Baker Revocable Living Trust
holding VMC Common Stock 7.14K Feb 10, 2023 As Trustee of Thompson S. Baker II Revocable Trust
holding VMC Common Stock 5.6K Feb 10, 2023 Shares held for the benefit of children
holding VMC Common Stock (401k) 4.08K Feb 10, 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 Performance Share Units Options Exercise $0 -6.7K -100% $0.00* 0 Feb 10, 2023 Common Stock 6.7K 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, 2022. 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.