J. Thomas Hill - 10 Feb 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
10 Feb 2023
Net transactions value
-$2,467,620
Form type
4
Filing time
14 Feb 2023, 15:26:42 UTC
Previous filing
25 Jan 2023
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 +30,060 +51% 88,615 10 Feb 2023 Direct F1
transaction VMC Common Stock Tax liability $2,467,620 -13,332 -15% $185.09 75,283 10 Feb 2023 Direct F2
holding VMC Common Stock (401k) 30,825 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 -24,700 -100% $0.000000* 0 10 Feb 2023 Common Stock 24,700 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.