J. Thomas Hill - Feb 10, 2023 Form 4 Insider Report for Vulcan Materials CO (VMC)

Role
Chairman, President & CEO, Director
Signature
/s/ Denson N. Franklin III, Attorney-In-Fact
Stock symbol
VMC
Transactions as of
Feb 10, 2023
Transactions value $
-$2,467,620
Form type
4
Date filed
2/14/2023, 03:26 PM
Previous filing
Jan 25, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMC Common Stock Options Exercise +30.1K +51.34% 88.6K Feb 10, 2023 Direct F1
transaction VMC Common Stock Tax liability -$2.47M -13.3K -15.04% $185.09 75.3K Feb 10, 2023 Direct F2
holding VMC Common Stock (401k) 30.8K 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 -24.7K -100% $0.00* 0 Feb 10, 2023 Common Stock 24.7K 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.