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Vulcan Materials CO — Director's Dealing 2024
Feb 22, 2024
30074_dirs_2024-02-22_dd48b031-6fb7-4386-8019-1e9f1b57acd4.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: 2024-02-19
Reporting Person: Bass Stanley G (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-19 | Common Stock | M | 1800.00 | — | Acquired | 35930.24 | Direct |
| 2024-02-20 | Common Stock | M | 6400.00 | $133.95 | Acquired | 42330.24 | Direct |
| 2024-02-20 | Common Stock | F | 4709.00 | $255.15 | Disposed | 37621.24 | Direct |
| 2024-02-21 | Common Stock | S | 8310.00 | $251.681 | Disposed | 29311.24 | Direct |
| 2024-02-22 | Common Stock | S | 1691.00 | $255.6642 | Disposed | 27620.24 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-19 | Common Stock (Restricted Stock Units) | $ | M | 1800.00 | Disposed | Common Stock (1800.00) | Direct | |
| 2024-02-20 | Stock Appreciation Right | $133.95 | M | 6400.00 | Disposed | 2030-02-21 | Common Stock (6400.00) | Direct |
| 2024-02-21 | Performance Share Units | $ | A | 4980.00 | Acquired | Common Stock (4980.00) | Direct | |
| 2024-02-21 | Common Stock (Restricted Stock Units) | $ | A | 1660.00 | Acquired | Common Stock (1660.00) | Direct | |
| 2024-02-21 | Stock Appreciation Right | $253.43 | A | 4750.00 | Acquired | 2034-02-21 | Common Stock (4750.00) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock 401(k) | 34.814 | Direct |
Footnotes
F1: Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.
F2: Represents shares sold (for tax-withholding purposes and to cover the cost of the options) pursuant to the exercise of Stock-Only Stock Appreciation Rights previously granted.
F3: This transaction was executed in multiple trades at prices ranging from $251.28 USD to $252.02 USD; the price reported above reflects the weighted average sale price.
F4: This transaction was executed at a single price of $255.6642.
F5: Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
F6: Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
F7: Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2024 and ends on December 31, 2026. At the end of the Performance Period, the Compensation Committee determines the payment amount based on (1) Company performance relative to the S&P 500 Index, of which the Company is a member, and (2) the Company's annual average growth rate of Cash Gross Profit per ton versus a pre-determined target. The payment is made 100% in stock on a payment date determined by the Compensation Committee.