J. Thomas Hill - Jan 23, 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Jan 23, 2023
Transactions value $
-$391,554
Form type
4
Date filed
1/25/2023, 09:08 AM
Previous filing
Jan 18, 2023
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise $388K +7K +12.52% $55.41 62.9K Jan 23, 2023 Direct F1
transaction VMC Common Stock Tax liability -$779K -4.36K -6.93% $178.89 58.6K Jan 23, 2023 Direct F2
holding VMC Common Stock (401k) 30.8K Jan 23, 2023 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 Stock Appreciation Right Options Exercise $0 -7K -100% $0.00* 0 Jan 23, 2023 Common Stock 7K $55.41 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2022.
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 Stock-Only Stock Appreciation Right vested in four (4) equal annual installments beginning on this date.