Ronnie A. Pruitt - Feb 9, 2024 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 9, 2024
Transactions value $
-$940,884
Form type
4
Date filed
2/13/2024, 02:07 PM
Previous filing
Feb 23, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +11.6K 11.6K Feb 9, 2024 Direct F1
transaction VMC Common Stock Tax liability -$941K -3.95K -34.12% $238.44 7.62K Feb 9, 2024 Direct F2
holding VMC Common Stock (401k) 0 Feb 9, 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 -6.4K -100% $0.00* 0 Feb 9, 2024 Common Stock 6.4K 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.