McAbee Ronald G 4
4 · Vulcan Materials CO · Filed Feb 16, 2010
Insider Transaction Report
Form 4
McAbee Ronald G
SVP, CMG-West
Transactions
- Exercise/Conversion
Performance Share Units
2010-02-11−2,620→ 0 totalExercise: $0.00From: 2009-12-31→ Common Stock (2,620 underlying) - Exercise/Conversion
Common Stock
2010-02-11$42.83/sh+1,368$58,591→ 8,526 total - Award
Performance Share Units
2010-02-11+6,030→ 6,030 totalExercise: $0.00→ Common Stock (6,030 underlying) - Award
Stock Appreciation Right
2010-02-11+23,400→ 23,400 totalExercise: $43.05From: 2011-02-11Exp: 2020-02-11→ Common Stock (23,400 underlying)
Footnotes (3)
- [F1]Each performance unit is settled 100% in Vulcan common stock after deducting the amount of taxes due.
- [F2]Performance Share Units vest at December 31 following a three-year award period. At the end of the award period, the Compensation Committee determines the payment amount based on Company performance. The payment is made 100% in stock on a payment date determined by the Compensation Committee. The fair market value of the award is not determinable until the payment date.
- [F3]Each performance unit is settled 100% in Vulcan common stock after deducting the amount of taxes due on a payment date determined by the Compensation Committee. Performance Share Units vest at December 31 following a three-year award period. At the end of the award period, the Compensation Committee determines the payment amount based on Company performance. The fair market value of the award is not determinable until the payment date.