Stanley G. Bass - Feb 19, 2024 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chief Strategy Officer
Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 19, 2024
Transactions value $
-$2,868,019
Form type
4
Date filed
2/22/2024, 05:53 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock +Options Exercise +1,800 +5.27% 35,930 Feb 19, 2024 Direct F1
transaction VMC Common Stock +Options Exercise $857,280 +6,400 +17.81% $133.95 42,330 Feb 20, 2024 Direct
transaction VMC Common Stock -Tax liability -$1,201,501 -4,709 -11.12% $255.15 37,621 Feb 20, 2024 Direct F2
transaction VMC Common Stock -Sell -$2,091,469 -8,310 -22.09% $251.68 29,311 Feb 21, 2024 Direct F3
transaction VMC Common Stock -Sell -$432,328 -1,691 -5.77% $255.66 27,620 Feb 22, 2024 Direct F4
holding VMC Common Stock 401(k) 35 Feb 19, 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 Common Stock (Restricted Stock Units) -Options Exercise $0 -1,800 -100% $0.00 0 Feb 19, 2024 Common Stock 1,800 Direct F1, F5
transaction VMC Stock Appreciation Right -Options Exercise $0 -6,400 -100% $0.00 0 Feb 20, 2024 Common Stock 6,400 $133.95 Direct F6
transaction VMC Performance Share Units +Grant/Award $0 +4,980 $0.00 4,980 Feb 21, 2024 Common Stock 4,980 Direct F7
transaction VMC Common Stock (Restricted Stock Units) +Grant/Award $0 +1,660 $0.00 1,660 Feb 21, 2024 Common Stock 1,660 Direct F1, F5
transaction VMC Stock Appreciation Right +Grant/Award $0 +4,750 $0.00 4,750 Feb 21, 2024 Common Stock 4,750 $253.43 Direct F6

Explanation of Responses:

Id Content
F1 Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.
F2 Represents shares sold (for tax-withholding purposes and to cover the cost of the options) pursuant to the exercise of Stock-Only Stock Appreciation Rights previously granted.
F3 This transaction was executed in multiple trades at prices ranging from $251.28 USD to $252.02 USD; the price reported above reflects the weighted average sale price.
F4 This transaction was executed at a single price of $255.6642.
F5 Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
F6 Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
F7 Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2024 and ends on December 31, 2026. At the end of the Performance Period, the Compensation Committee determines the payment amount based on (1) Company performance relative to the S&P 500 Index, of which the Company is a member, and (2) the Company's annual average growth rate of Cash Gross Profit per ton versus a pre-determined target. The payment is made 100% in stock on a payment date determined by the Compensation Committee.