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Vulcan Materials CO — Director's Dealing 2017
Jan 10, 2017
30074_dirs_2017-01-10_b5d3dd0f-5a21-4582-b1e6-f754ea5a1b51.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Vulcan Materials CO (VMC)
CIK: 0001396009
Period of Report: 2017-01-01
Reporting Person: Thorpe S Martin (President, Mideast Division)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1903 | Direct |
| Common Stock (401(k)) | 1531.10 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Units | $ | Common Stock (570) | Direct | ||
| Performance Share Units | $ | Common Stock (540) | Direct | ||
| Performance Share Units | $ | Common Stock (890) | Direct | ||
| Performance Share Units | $ | Common Stock (460) | Direct | ||
| Stock Appreciation Right | $43.05 | 2020-02-11 | Common Stock (1470) | Direct | |
| Stock Appreciation Right | $43.63 | 2021-03-01 | Common Stock (710) | Direct | |
| Stock Appreciation Right | $55.41 | 2023-02-07 | Common Stock (570) | Direct | |
| Stock Appreciation Right | $66.00 | 2024-02-13 | Common Stock (540) | Direct | |
| Stock Appreciation Right | $79.41 | 2025-02-12 | Common Stock (890) | Direct | |
| Restricted Stock Unit | $0 | 2026-02-12 | Common Stock (460) | Direct |
Footnotes
F1: Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award began on January 1, 2013 and ended on December 31, 2016. At the end of the Performance Period, the Compensation Committee determines the amount based on Company performance relative to the S&P 500 Index, of which the Company is a member. The payment is made 100% in stock on a payment date determined by the Compensation Committee, which is currently expected to be February 9, 2017. The fair market value of the award is not determinable until the payment date.
F2: Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award began on January 1, 2014 and ends on December 31, 2017. At the end of the Performance Period, the Compensation Committee determines the amount based on Company performance relative to the S&P 500 Index, of which the Company is a member. The payment is made 100% in stock on a payment date determined by the Compensation Committee. The fair market value of the award is not determinable until the payment date.
F3: Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award began on January 1, 2015 and ends on December 31, 2018. At the end of the Performance Period, the Compensation Committee determines the amount based on Company performance relative to the S&P 500 Index, of which the Company is a member. The payment is made 100% in stock on a payment date determined by the Compensation Committee. The fair market value of the award is not determinable until the payment date.
F4: Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award began on January 1, 2016 and ends on December 31, 2019. At the end of the Performance Period, the Compensation Committee determines the amount based on Company performance relative to the S&P 500 Index, of which the Company is a member. The payment is made 100% in stock on a payment date determined by the Compensation Committee. The fair market value of the award is not determinable until the payment date.
F5: The Stock Appreciation Right vests in four equal annual installments beginning on this date.
F6: Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan common stock.