Vulcan Materials CO 4

4 · Vulcan Materials CO · Filed Feb 14, 2017

Form 4

Period: 2017-02-10

President - Western Division

Transactions

Exercise/Conversion
Common Stock
2017-02-10$120.50/sh+485$58,443→ 638 total
Exercise/Conversion
Performance Share Units
2017-02-10$120.50/sh−570$68,685→ 0 total
From: 2016-12-31→ Common Stock (570 underlying)
Award
Performance Share Units
2017-02-10+1,500→ 3,500 total
From: 2019-12-31→ Common Stock (1,500 underlying)
Award
Stock Appreciation Right
2017-02-10+1,500→ 1,500 total
Exercise: $122.60From: 2018-02-10Exp: 2027-02-10→ Common Stock (1,500 underlying)

Holdings

Footnotes (3)

[F1]Each performance unit is settled 100% in Vulcan common stock after deducting the amount of taxes due.
[F2]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 four-year award period. At the end of the award period, the Compensation Committee determines the payment amount based on Company performance.
[F3]Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2017, and ends on December 31, 2019. 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.

Documents

1 file