David P. Clement - Feb 10, 2023 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 10, 2023
Transactions value $
-$280,596
Form type
4
Date filed
2/14/2023, 03:26 PM
Previous filing
Dec 7, 2022
Next filing
Feb 23, 2023
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 +3.77K +191.52% 5.74K Feb 10, 2023 Direct F1
transaction VMC Common Stock Tax liability -$281K -1.52K -26.4% $185.09 4.23K Feb 10, 2023 Direct F2
holding VMC Common Stock (401k) 2.18K Feb 10, 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 -3.1K -100% $0.00* 0 Feb 10, 2023 Common Stock 3.1K 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.