Jerry F. Perkins Jr - Feb 10, 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 10, 2023
Transactions value $
-$295,774
Form type
4
Date filed
2/14/2023, 03:25 PM
Previous filing
Dec 5, 2022
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 +3.53K +43.38% 11.7K Feb 10, 2023 Direct F1
transaction VMC Common Stock Tax liability -$296K -1.6K -13.7% $185.09 10.1K Feb 10, 2023 Direct F2
holding VMC Common Stock (401k) 4.98K 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 -2.9K -100% $0.00* 0 Feb 10, 2023 Common Stock 2.9K 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.