Filing Details

Accession Number:
0001562180-21-005772
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-02 17:59:20
Reporting Period:
2021-08-31
Accepted Time:
2021-09-02 17:59:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1396009 Vulcan Materials Co VMC Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) 208579133
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1564578 G Stanley Bass 1200 Urban Center Drive
Birmingham AL 35242
Chief Strategy Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-08-31 21,339 $185.49 12,183 No 4 S Direct
Common Stock Disposition 2021-08-31 600 $186.01 11,583 No 4 S Direct
Common Stock Disposition 2021-08-31 11,582 $185.55 1 No 4 S Direct
Common Stock Acquisiton 2021-09-01 6,200 $79.41 6,201 No 4 M Direct
Common Stock Disposition 2021-09-01 1,976 $185.93 4,225 No 4 F Direct
Common Stock Acquisiton 2021-09-01 9,300 $92.02 13,525 No 4 M Direct
Common Stock Disposition 2021-09-01 2,614 $185.93 10,911 No 4 F Direct
Common Stock Acquisiton 2021-09-01 6,900 $122.60 17,811 No 4 M Direct
Common Stock Disposition 2021-09-01 1,307 $185.93 16,504 No 4 F Direct
Common Stock Acquisiton 2021-09-01 6,600 $121.69 23,104 No 4 M Direct
Common Stock Disposition 2021-09-01 1,269 $185.93 21,835 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Appreciation Right Disposition 2021-09-01 6,200 $0.00 6,200 $79.41
Common Stock Stock Appreciation Right Disposition 2021-09-01 9,300 $0.00 9,300 $92.02
Common Stock Stock Appreciation Right Disposition 2021-09-01 6,900 $0.00 6,900 $122.60
Common Stock Stock Appreciation Right Disposition 2021-09-01 6,600 $0.00 6,600 $121.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-12 2025-02-12 No 4 M Direct
0 2017-02-12 2026-02-12 No 4 M Direct
0 2018-02-10 2027-02-10 No 4 M Direct
0 2019-02-23 2028-02-23 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock (401K) 17,057 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Deferred Comp DSUs/PSUs $0.00 38,925 38,925 Direct
Common Stock Performance Share Units $0.00 2021-12-31 6,000 6,000 Direct
Common Stock Performance Share Units $0.00 2022-12-31 5,800 5,800 Direct
Common Stock Performance Share Units $0.00 2023-12-31 5,300 5,300 Direct
Common Stock Restricted Stock Units $0.00 2022-02-19 2,000 2,000 Direct
Common Stock Restricted Stock Units $0.00 2023-02-21 1,900 1,900 Direct
Common Stock Restricted Stock Units $0.00 2024-02-19 1,800 1,800 Direct
Common Stock Stock Appreciation Right $113.16 2020-02-19 2029-02-19 5,900 5,900 Direct
Common Stock Stock Appreciation Right $133.95 2021-02-21 2030-02-21 6,400 6,400 Direct
Common Stock Stock Appreciation Right $164.38 2022-02-19 2031-02-19 5,500 5,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
38,925 38,925 Direct
6,000 6,000 Direct
5,800 5,800 Direct
5,300 5,300 Direct
2,000 2,000 Direct
1,900 1,900 Direct
1,800 1,800 Direct
2029-02-19 5,900 5,900 Direct
2030-02-21 6,400 6,400 Direct
2031-02-19 5,500 5,500 Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.00 to $185.98, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2020 and ends on December 31, 2022. 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.
  3. Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2021 and ends on December 31, 2023. 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.
  4. Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
  5. 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.
  6. Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
  7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.00 to $186.04, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.24 to $185.89, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  9. 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.
  10. Stock Appreciation Right vested in four (4) equal annual installments beginning on this date.
  11. Stock Appreciation Right vested in three (3) equal annual installments beginning on this date.
  12. Convertible on a 1-for-1 basis.
  13. Each share will settle for a share of Vulcan Common Stock in accordance with the terms of Vulcan's Deferred Compensation Plan and instructions previously provided by the reporting person pursuant thereto.
  14. Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2019 and ends on December 31, 2021. 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.