Denson N. Franklin III - Feb 10, 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
SVP, Gen. Counsel & Secretary
Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 10, 2023
Transactions value $
-$365,553
Form type
4
Date filed
2/14/2023, 03:26 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 +4,382 +238.28% 6,221 Feb 10, 2023 Direct F1
transaction VMC Common Stock -Tax liability -$365,553 -1,975 -31.75% $185.09 4,246 Feb 10, 2023 Direct F2

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 -3,600 -100% $0.00 0 Feb 10, 2023 Common Stock 3,600 Direct F1

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.