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VMC Vulcan Materials

270.39
-3.54 (-1.29%)
02 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vulcan Materials NYSE:VMC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -3.54 -1.29% 270.39 275.40 270.26 275.30 982,938 00:00:00

Statement of Changes in Beneficial Ownership (4)

23/02/2022 10:54pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Perkins Jerry F Jr
2. Issuer Name and Ticker or Trading Symbol

Vulcan Materials CO [ VMC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Senior Vice President
(Last)          (First)          (Middle)

1200 URBAN CENTER DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/18/2022
(Street)

BIRMINGHAM, AL 35242
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/22/2022  M  700.00 A (1)8512.00 D  
Common Stock 2/22/2022  F(2)  311.00 D$185.31 8201.00 D  
Common Stock (401k)         4935.549 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units  (3)2/18/2022  A   2700.00    12/31/2024 (3) (3)Common Stock 2700.00 $0.00 2700.00 D  
Restricted Stock Units  (1)2/18/2022  A   900.00    2/18/2025 (4) (4)Common Stock 900.00 $0.00 900.00 D  
Stock Appreciation Right $185.31 2/18/2022  A   2700.00    2/18/2023 (5)2/18/2032 Common Stock 2700.00 $0.00 2700.00 D  
Restricted Stock Units  (1)2/22/2022  M     700.00  2/19/2022 (4) (4)Common Stock 700.00 $0.00 0.00 D  

Explanation of Responses:
(1) Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
(2) Represents shares sold by the Company for tax withholding.
(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, 2022 and ends on December 31, 2024. 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) 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) Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Perkins Jerry F Jr
1200 URBAN CENTER DRIVE
BIRMINGHAM, AL 35242


Senior Vice President

Signatures
/s/ Denson N. Franklin III, Attorney-In-Fact2/23/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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