J. Thomas Hill - Aug 30, 2021 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chairman, President & CEO, Director
Signature
/s/ Elizabeth H. Townsend, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Aug 30, 2021
Transactions value $
-$17,272,011
Form type
4
Date filed
9/1/2021, 07:56 PM
Next filing
Feb 15, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Sale -$9.64M -51.7K -42.34% $186.25 70.5K Aug 30, 2021 Direct F1
transaction VMC Common Stock Sale -$3.34M -17.8K -25.3% $187.14 52.6K Aug 30, 2021 Direct F2
transaction VMC Common Stock Sale -$3.87M -20.8K -39.53% $186.04 31.8K Aug 31, 2021 Direct F3
transaction VMC Common Stock Sale -$430K -2.3K -7.23% $186.81 29.5K Aug 31, 2021 Direct F4
holding VMC Common Stock (401k) 28.6K Aug 30, 2021 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
holding VMC Deferred Comp DSUs/PSUs 47.4K Aug 30, 2021 Common Stock 47.4K Direct F5, F6
holding VMC Phantom Stock (Deferred Compensation) 2.76K Aug 30, 2021 Common Stock 2.76K Direct F5, F6
holding VMC Performance Share Units 27K Aug 30, 2021 Common Stock 27K Direct F7
holding VMC Performance Share Units 24.7K Aug 30, 2021 Common Stock 24.7K Direct F8
holding VMC Performance Share Units 23.7K Aug 30, 2021 Common Stock 23.7K Direct F9
holding VMC Restricted Stock Units 9K Aug 30, 2021 Common Stock 9K Direct F10, F11
holding VMC Restricted Stock Units 8.2K Aug 30, 2021 Common Stock 8.2K Direct F10, F11
holding VMC Restricted Stock Units 7.9K Aug 30, 2021 Common Stock 7.9K Direct F10, F11
holding VMC Stock Appreciation Right 7K Aug 30, 2021 Common Stock 7K $55.41 Direct F12
holding VMC Stock Appreciation Right 12.5K Aug 30, 2021 Common Stock 12.5K $66.00 Direct F12
holding VMC Stock Appreciation Right 30.8K Aug 30, 2021 Common Stock 30.8K $79.41 Direct F12
holding VMC Stock Appreciation Right 32.1K Aug 30, 2021 Common Stock 32.1K $92.02 Direct F12
holding VMC Stock Appreciation Right 23.9K Aug 30, 2021 Common Stock 23.9K $122.60 Direct F13
holding VMC Stock Appreciation Right 27.2K Aug 30, 2021 Common Stock 27.2K $121.69 Direct F13
holding VMC Stock Appreciation Right 26.1K Aug 30, 2021 Common Stock 26.1K $113.16 Direct F14
holding VMC Stock Appreciation Right 27K Aug 30, 2021 Common Stock 27K $133.95 Direct F14
holding VMC Stock Appreciation Right 24.8K Aug 30, 2021 Common Stock 24.8K $164.38 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.01 to $187.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
F11 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.
F12 Stock Appreciation Right vested in four (4) equal annual installments beginning on this date.
F13 Stock Appreciation Right vested in three (3) equal annual installments beginning on this date.
F14 Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.01 to $187.39, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.55 to $186.54, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.55 to $187.36, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Convertible on a 1-for-1 basis.
F6 In accordance with the terms of Vulcan's Deferred Compensation Plan and instructions previously provided by the reporting person pursuant thereto, each share will settle for a share of Vulcan Common Stock following the retirement of the reporting person.
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, 2019 and ends on December 31, 2021. 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.
F8 Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2020 and ends on December 31, 2022. 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.
F9 Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2021 and ends on December 31, 2023. 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.