Jason P. Teter - 10 Feb 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role: Senior Vice President
Signature: /s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol: VMC
Transactions as of: 10 Feb 2023
Net transactions value: -$295,774
Form type: 4
Filing time: 14 Feb 2023, 15:24:43 UTC
Previous filing: 23 Feb 2022
Next filing: 23 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		+3,530	+31%		14,863	10 Feb 2023	Direct	F1
transaction	VMC	Common Stock	Tax liability	$295,774	-1,598	-11%	$185.09	13,265	10 Feb 2023	Direct	F2
holding	VMC	Common Stock (401k)						2,030	10 Feb 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	-2,900	-100%	$0.000000^*	0	10 Feb 2023	Common Stock	2,900		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, 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.