Darren L. Hicks - 09 Feb 2024 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
09 Feb 2024
Net transactions value
-$87,031
Form type
4
Filing time
13 Feb 2024, 14:06:48 UTC
Previous filing
14 Jun 2023
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +759 +15% 5,902 09 Feb 2024 Direct F1
transaction VMC Common Stock Tax liability $87,031 -365 -6.2% $238.44 5,537 09 Feb 2024 Direct F2
holding VMC Common Stock (401k) 4,088 09 Feb 2024 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 -420 -100% $0.000000* 0 09 Feb 2024 Common Stock 420 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, 2023. 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.