Form 4 for VMC Vulcan Materials Company
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001562180-23-001791 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-23 | 2023-02-22 | VMC | Perkins Jerry F Jr | SVP | F - Tax | $180.52 | -444 | 10.6K | -4% | -$80.2K |
| D | 2023-02-23 | 2023-02-22 | VMC | Perkins Jerry F Jr | SVP | M - OptEx | — | +1,000 | 11.1K | +10% | — |
| DM | 2023-02-23 | 2023-02-21 | VMC | Perkins Jerry F Jr | SVP | A - Grant | $0.00 | +15.0K | 3,030 | New | $0 |
| D | 2023-02-23 | 2023-02-22 | VMC | Perkins Jerry F Jr | SVP | M - OptEx | — | -1,000 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-22 | F | D | 444 | $180.52 | 10,626 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-22 | M | A | 1,000 | — | 11,070 | D | — | — | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2023-02-21 | A | A | 1,010 | $0.00 | 1,010 | D | — · 2026-02-21 to — | 1,010 Common Stock | (F3) 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. |
| 4 | Derivative | Restricted Stock Units | 2023-02-21 | A | A | 8,550 | $0.00 | 8,550 | D | — · 2026-02-21 to — | 8,550 Common Stock | (F4) Represents special retention grant. (F3) 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. |
| 5 | Derivative | Restricted Stock Units | 2023-02-22 | M | D | 1,000 | — | 0 | D | — · 2023-02-21 to — | 1,000 Common Stock | (F3) 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. (F1) Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. |
| 6 | Derivative | Stock Appreciation Right | 2023-02-21 | A | A | 2,450 | $0.00 | 2,450 | D | $180.52 · 2024-02-21 to 2033-02-21 | 2,450 Common Stock | (F5) Stock Appreciation Right vests in three (3) equal annual installments beginning on this date. |
| 7 | Derivative | Performance Share Units | 2023-02-21 | A | A | 3,030 | $0.00 | 3,030 | D | — · 2025-12-31 to — | 3,030 Common Stock | (F2) Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2023 and ends on December 31, 2025. At the end of the Performance Period, the Compensation Committee determines the payment amount based on (1) the Company's Total Shareholder Return 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. |