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Vulcan Materials CO — Director's Dealing 2011
Feb 14, 2011
30074_dirs_2011-02-14_4ec2da1b-ec3a-4f09-beeb-2080c8276fd9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vulcan Materials CO (VMC)
CIK: 0001396009
Period of Report: 2011-02-10
Reporting Person: KHAN EJAZ A (VP, Controller & CIO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-10 | Performance Share Units | $ | M | 1450.0000 | Disposed | Common Stock (1450.0000) | Direct | |
| 2011-02-10 | Phantom Stock (Deferred Comp DSUs/PSUs) | $ | M | 555.0000 | Acquired | Common Stock (555.0000) | Direct |
Footnotes
F1: Each performance unit is settled 100% in Vulcan common stock after deducting the amount of taxes due on a payment date determined by the Compensation Committee. Performance Share Units vest at December 31 following a three-year award period. At the end of the award period, the Compensation Committee determines the payment amount based on Company performance.
F2: Convertible on a 1-for-1 basis.
F3: The units are to be settled in Vulcan common stock the year following the year of retirement of the reporting person.
F4: Each performance unit is settled 100% in Vulcan common stock after deducting the amount of taxes due.