Aaron M. Schapper - Mar 14, 2023 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Role: Group President Infrastructure
Signature: /s/ R. Andrew Massey for Aaron M. Schapper
Stock symbol: VMI
Transactions as of: Mar 14, 2023
Transactions value $: -$611,096
Form type: 4
Date filed: 3/16/2023, 04:03 PM
Previous filing: Mar 1, 2023
Next filing: Aug 2, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VMI	Common Stock	Options Exercise	$307K	+2.08K	+15.27%	$147.31	15.7K	Mar 14, 2023	Direct
transaction	VMI	Common Stock	Options Exercise	$329K	+1.95K	+12.43%	$168.80	17.7K	Mar 14, 2023	Direct
transaction	VMI	Common Stock	Sale	-$643K	-2.08K	-11.78%	$308.94	15.6K	Mar 14, 2023	Direct
transaction	VMI	Common Stock	Sale	-$604K	-1.95K	-12.53%	$309.55	13.6K	Mar 14, 2023	Direct

Showing 1 to 4 of 4 entries

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	VMI	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-2.08K	-100%	$0.00^*	0	Mar 14, 2023	Common Stock	2.08K	$147.31	Direct	F1
transaction	VMI	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-1.95K	-50%	$0.00	1.95K	Mar 14, 2023	Common Stock	1.95K	$168.80	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options vested in three equal annual installments commencing on December 16, 2020.
F2	Options vested and vest in three equal annual installments commencing on December 14, 2021.