THOMPSON S. BAKER II - 10 Feb 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
10 Feb 2023
Net transactions value
-$448,843
Form type
4
Filing time
14 Feb 2023, 15:24:09 UTC
Previous filing
06 Feb 2023
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +8,154 +48% 25,059 10 Feb 2023 Direct F1
transaction VMC Common Stock Tax liability $448,843 -2,425 -9.7% $185.09 22,634 10 Feb 2023 Direct F2
holding VMC Common Stock 2,000 10 Feb 2023 As Trustee of Martha F. Baker Revocable Living Trust
holding VMC Common Stock 7,135 10 Feb 2023 As Trustee of Thompson S. Baker II Revocable Trust
holding VMC Common Stock 5,600 10 Feb 2023 Shares held for the benefit of children
holding VMC Common Stock (401k) 4,078 10 Feb 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 Performance Share Units Options Exercise $0 -6,700 -100% $0.000000* 0 10 Feb 2023 Common Stock 6,700 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, 2022. 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.