Houston J Wayne 4
4 · Vulcan Materials CO · Filed Feb 13, 2012
Insider Transaction Report
Form 4
Houston J Wayne
Senior VP-Human Resources
Transactions
- Award
Performance Share Units
2012-02-09+9,000→ 9,000 totalFrom: 2015-12-31→ Common Stock (9,000 underlying)
Footnotes (1)
- [F1]Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2012 and ends on December 31, 2015. At the end of the Performance Period, the Compensation Committee determines the payment amount based on Company performance relative to the S&P 500 Index, of which the Company is a member. 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.