Filing Details
- Accession Number:
- 0001562180-24-001633
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-22 17:53:57
- Reporting Period:
- 2024-02-19
- Accepted Time:
- 2024-02-22 17:53:57
- 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 | Acquisiton | 2024-02-19 | 1,800 | $0.00 | 35,930 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2024-02-20 | 6,400 | $133.95 | 42,330 | No | 4 | M | Direct | |
Common Stock | Disposition | 2024-02-20 | 4,709 | $255.15 | 37,621 | No | 4 | F | Direct | |
Common Stock | Disposition | 2024-02-21 | 8,310 | $251.68 | 29,311 | No | 4 | S | Direct | |
Common Stock | Disposition | 2024-02-22 | 1,691 | $255.66 | 27,620 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Common Stock (Restricted Stock Units) | Disposition | 2024-02-19 | 1,800 | $0.00 | 1,800 | $0.00 |
Common Stock | Stock Appreciation Right | Disposition | 2024-02-20 | 6,400 | $0.00 | 6,400 | $133.95 |
Common Stock | Performance Share Units | Acquisiton | 2024-02-21 | 4,980 | $0.00 | 4,980 | $0.00 |
Common Stock | Common Stock (Restricted Stock Units) | Acquisiton | 2024-02-21 | 1,660 | $0.00 | 1,660 | $0.00 |
Common Stock | Stock Appreciation Right | Acquisiton | 2024-02-21 | 4,750 | $0.00 | 4,750 | $253.43 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2024-02-19 | No | 4 | M | Direct | |
0 | 2021-02-21 | 2030-02-21 | No | 4 | M | Direct |
4,980 | 2026-12-31 | No | 4 | A | Direct | |
1,660 | 2027-02-21 | No | 4 | A | Direct | |
4,750 | 2025-02-21 | 2034-02-21 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock 401(K) | 35 | Direct |
Footnotes
- 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.
- 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.
- 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.
- This transaction was executed at a single price of $255.6642.
- Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
- Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
- 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.