Form 4 for VMC Vulcan Materials Company
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-19 · accession 0001562180-24-001633 · 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 | 2024-02-22 | 2024-02-20 | VMC | Bass Stanley G | Chief Strategy Off | F - Tax | $255.15 | -4,709 | 37.6K | -11% | -$1.20M |
| DM | 2024-02-22 | 2024-02-21+ | VMC | Bass Stanley G | Chief Strategy Off | S - Sale+OE | $252.35 | -10.0K | 27.6K | -27% | -$2.52M |
| DM | 2024-02-22 | 2024-02-19+ | VMC | Bass Stanley G | Chief Strategy Off | M - OptEx | $133.95 | +8,200 | 35.9K | +30% | +$1.10M |
| DM | 2024-02-22 | 2024-02-19+ | VMC | Bass Stanley G | Chief Strategy Off | M - OptEx | $0.00 | -8,200 | 0 | -100% | $0 |
| DM | 2024-02-22 | 2024-02-21 | VMC | Bass Stanley G | Chief Strategy Off | A - Grant | $0.00 | +11.4K | 1,660 | New | $0 |
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 | 2024-02-20 | F | D | 4,709 | $255.15 | 37,621.24 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-21 | S | D | 8,310 | $251.68 | 29,311.24 | D | — | — | (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. |
| 3 | Common | Common Stock | 2024-02-20 | M | A | 6,400 | $133.95 | 42,330.24 | D | — | — | |
| 4 | Common | Common Stock | 2024-02-19 | M | A | 1,800 | — | 35,930.24 | D | — | — | (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. |
| 5 | Common | Common Stock | 2024-02-22 | S | D | 1,691 | $255.66 | 27,620.24 | D | — | — | (F4) This transaction was executed at a single price of $255.6642. |
| 6 | Derivative | Stock Appreciation Right | 2024-02-20 | M | D | 6,400 | $0.00 | 0 | D | $133.95 · 2021-02-21 to 2030-02-21 | 6,400 Common Stock | (F6) Stock Appreciation Right vests in three (3) equal annual installments beginning on this date. |
| 7 | Derivative | Common Stock (Restricted Stock Units) | 2024-02-19 | M | D | 1,800 | $0.00 | 0 | D | — · 2024-02-19 to — | 1,800 Common Stock | (F5) Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. (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. |
| 8 | Derivative | Stock Appreciation Right | 2024-02-21 | A | A | 4,750 | $0.00 | 4,750 | D | $253.43 · 2025-02-21 to 2034-02-21 | 4,750 Common Stock | (F6) Stock Appreciation Right vests in three (3) equal annual installments beginning on this date. |
| 9 | Derivative | Performance Share Units | 2024-02-21 | A | A | 4,980 | $0.00 | 4,980 | D | — · 2026-12-31 to — | 4,980 Common Stock | (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. |
| 10 | Derivative | Common Stock (Restricted Stock Units) | 2024-02-21 | A | A | 1,660 | $0.00 | 1,660 | D | — · 2027-02-21 to — | 1,660 Common Stock | (F5) Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. (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. |