Jason P. Teter - Feb 11, 2022 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role: Senior Vice President
Signature: /s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol: VMC
Transactions as of: Feb 11, 2022
Transactions value $: -$217,848
Form type: 4
Date filed: 2/15/2022, 05:00 PM
Previous filing: Dec 3, 2021
Next filing: Feb 23, 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	Options Exercise		+2.54K	+30.84%		10.8K	Feb 11, 2022	Direct	F1
transaction	VMC	Common Stock	Tax liability	-$218K	-1.15K	-10.71%	$188.94	9.61K	Feb 11, 2022	Direct	F2
holding	VMC	Common Stock (401k)						2.01K	Feb 11, 2022	Direct

Showing 1 to 3 of 3 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	VMC	Performance Share Units	Options Exercise	$0	-1.8K	-100%	$0.00^*	0	Feb 11, 2022	Common Stock	1.8K		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, 2021. 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.