J. Thomas Hill - 09 Feb 2024 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chairman & CEO, Director
Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
09 Feb 2024
Net transactions value
-$4,532,029
Form type
4
Filing time
13 Feb 2024, 14:07:30 UTC
Previous filing
17 Jan 2024
Next filing
22 Feb 2024
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 +42,826 +117% 79,548 09 Feb 2024 Direct F1
transaction VMC Common Stock Tax liability $4,532,029 -19,007 -24% $238.44 60,541 09 Feb 2024 Direct F2
holding VMC Common Stock (401k) 83,974 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 -23,700 -100% $0.000000* 0 09 Feb 2024 Common Stock 23,700 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, 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.