THOMPSON S. BAKER II - 09 Feb 2024 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
President
Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
09 Feb 2024
Net transactions value
-$872,452
Form type
4
Filing time
13 Feb 2024, 14:05:43 UTC
Previous filing
21 Dec 2023
Next filing
22 Feb 2024
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 +10,842 +45% 34,862 09 Feb 2024 Direct F1
transaction VMC Common Stock Tax liability $872,452 -3,659 -10% $238.44 31,203 09 Feb 2024 Direct F2
holding VMC Common Stock 2,000 09 Feb 2024 As Trustee of Martha F. Baker Revocable Living Trust
holding VMC Common Stock 7,135 09 Feb 2024 As Trustee of Thompson S. Baker II Revocable Trust
holding VMC Common Stock 5,600 09 Feb 2024 Shares held for the benefit of children
holding VMC Common Stock (401k) 4,784 09 Feb 2024 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 -6,000 -100% $0.000000* 0 09 Feb 2024 Common Stock 6,000 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, 2023. 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.