Stanley G. Bass - 10 Feb 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role: Chief Strategy Officer
Signature: /s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol: VMC
Transactions as of: 10 Feb 2023
Net transactions value: -$61,820
Form type: 4
Filing time: 14 Feb 2023, 15:25:13 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		+7,059	+43%		23,441	10 Feb 2023	Direct	F1
transaction	VMC	Common Stock	Tax liability	$61,820	-334	-1.4%	$185.09	23,107	10 Feb 2023	Direct	F2
holding	VMC	Common Stock (401k)						35	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	-5,800	-100%	$0.000000^*	0	10 Feb 2023	Common Stock	5,800		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.