Ronnie A. Pruitt - 09 Feb 2024 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chief Operating Officer
Signature
/s/ Jennifer L. Commander, Attorney-In-Fact
Issuer symbol
VMC
Transactions as of
09 Feb 2024
Transactions value $
-$940,884
Form type
4
Filing time
13 Feb 2024, 14:07:46 UTC
Previous filing
23 Feb 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 +11.6K 11.6K 09 Feb 2024 Direct F1
transaction VMC Common Stock Tax liability -$941K -3.95K -34.12% $238.44 7.62K 09 Feb 2024 Direct F2
holding VMC Common Stock (401k) 0 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 -6.4K -100% $0.00* 0 09 Feb 2024 Common Stock 6.4K 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.