C. Howard Nye - 14 Feb 2022 Form 4 Insider Report for MARTIN MARIETTA MATERIALS INC (MLM)

Role: Chairman, Pres & CEO, Director
Signature: /s/ Roselyn R. Bar, attorney-in-fact
Issuer symbol: MLM
Transactions as of: 14 Feb 2022
Transactions value $: -$5,185,891
Form type: 4
Filing time: 16 Feb 2022, 17:06:17
Previous filing: 20 Dec 2021
Next filing: 22 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MLM	Common Stock	Award	$0	+31.6K	+34.64%	$0.00	123K	14 Feb 2022	Direct	F1
transaction	MLM	Common Stock	Tax liability	-$5.19M	-14.1K	-11.43%	$369.05	109K	14 Feb 2022	Direct
holding	MLM	Common Stock						75.4K	14 Feb 2022	By Charles Howard Nye Irrevocable Trust

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

Explanation of Responses:

Id	Content
F1	Represents the settlement of performance share units into common stock that were granted under the Martin Marietta Amended and Restated Stock Based Award Plan on February 20, 2019. The ultimate amount of shares to be received under the grant depended on the achievement of performance goals during a three-year performance period from January 1, 2019 through December 31, 2021. On February 14, 2022, Martin Marietta's Management Development and Compensation Committee certified the attainment of the applicable performance goals and approved the settlement of the PSU grant. The shares underlying the PSUs vested on December 31, 2021.

Content

Represents the settlement of performance share units into common stock that were granted under the Martin Marietta Amended and Restated Stock Based Award Plan on February 20, 2019. The ultimate amount of shares to be received under the grant depended on the achievement of performance goals during a three-year performance period from January 1, 2019 through December 31, 2021. On February 14, 2022, Martin Marietta's Management Development and Compensation Committee certified the attainment of the applicable performance goals and approved the settlement of the PSU grant. The shares underlying the PSUs vested on December 31, 2021.