BADGETT GUY M III 4

Accession 0001396009-08-000199

CIK 0001396009other

Filed

Aug 25, 8:00 PM ET

Accepted

Aug 26, 12:43 PM ET

Size

28.4 KB

Accession

0001396009-08-000199

Form 4

Period: 2008-08-22

Sr. VP, Construction Materials

Transactions

Sale
Common Stock
2008-08-22−30,225→ 20,102 total
Exercise/Conversion
Stock Options (Right to Buy)
2008-08-22$45.17/sh−30,225$1,365,263→ 0 total
Exercise: $45.17From: 2000-02-11Exp: 2009-02-11→ Common Stock (30,225 underlying)
Exercise/Conversion
Common Stock
2008-08-22$45.17/sh+30,225$1,365,263→ 50,327 total

Holdings

Performance Share Units
Exercise: $0.00From: 2009-12-31→ Common Stock (2,720 underlying)
2,720
Common Stock (401k)
8,202
Performance Share Units
Exercise: $0.00From: 2010-12-31→ Common Stock (3,700 underlying)
3,700
Stock Options (Right to Buy)
Exercise: $31.47From: 2004-01-01Exp: 2013-02-13→ Common Stock (28,000 underlying)
28,000
Stock Options (Right to Buy)
Exercise: $44.90From: 2002-02-09Exp: 2011-02-09→ Common Stock (31,000 underlying)
31,000
Stock Options (Right to Buy)
Exercise: $57.10From: 2005-12-31Exp: 2015-02-10→ Common Stock (26,000 underlying)
26,000
Stock Options (Right to Buy)
Exercise: $42.34From: 2001-02-10Exp: 2010-02-10→ Common Stock (38,000 underlying)
38,000
Phantom Stock (Deferred Comp DSUs/PSUs)
Exercise: $0.00→ Common Stock (3,314 underlying)
3,314
Stock Options (Right to Buy)
Exercise: $68.63From: 2005-12-08Exp: 2015-12-08→ Common Stock (51,000 underlying)
51,000
Stock Options (Right to Buy)
Exercise: $46.76From: 2005-01-01Exp: 2014-02-12→ Common Stock (25,000 underlying)
25,000
Common Stock (Restricted Stock Units)
16,864
Stock Appreciation Right
Exercise: $109.20From: 2008-02-08Exp: 2017-02-08→ Common Stock (20,290 underlying)
20,290
Stock Appreciation Right
Exercise: $70.69From: 2009-02-07Exp: 2018-02-07→ Common Stock (14,450 underlying)
14,450

Footnotes (8)

[F1]Shares were sold on August 22, 2008 at prices ranging from $74.39 to $74.93 per share. Full information regarding the number of shares sold at each separate price will be provided upon request.
[F2]Shares now being reported separately from Common Stock. Shares of various types were previously grouped together under the security titled Common Stock.
[F3]The option vests over five years in 20% increments each year on the anniversary of the grant date.
[F4]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.
[F5]Represents time-based restricted stock units ('RSUs') reported as shares of common stock. The reporting person has elected, upon the vesting thereof, to defer the receipt of these shares under the terms of the Company's Executive Deferred Compensation Plan.
[F6]The units are to be settled in Vulcan common stock the year following the year of retirement of the reporting person.
[F7]The option vests over five years in 20% increments each year on December 31 following the grant date.
[F8]The option is fully vested as of the grant date, however, the sale of underlying shares is restricted until January 1, 2009.

Documents

1 file

Vulcan Materials CO

CIK 0001396009

Entity typeother