4//SEC Filing
Mills Michael R 4
Accession 0001562180-19-001216
CIK 0001396009other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 7:09 PM ET
Size
12.5 KB
Accession
0001562180-19-001216
Insider Transaction Report
Form 4
Mills Michael R
Senior Vice President and Gene
Transactions
- Award
Performance Share Units
2019-02-19+6,500→ 6,500 totalFrom: 2021-12-31→ Common Stock (6,500 underlying) - Award
Stock Appreciation Right
2019-02-19+6,300→ 6,300 totalExercise: $113.16From: 2020-02-19Exp: 2029-02-19→ Common Stock (6,300 underlying) - Award
Restricted Stock Units
2019-02-19+2,200→ 2,200 totalFrom: 2022-02-19→ Common Stock (2,200 underlying)
Footnotes (4)
- [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, 2019 and ends on December 31, 2021. 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.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
- [F3]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.
- [F4]Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
Issuer
Vulcan Materials CO
CIK 0001396009
Entity typeother
Related Parties
1- filerCIK 0001561649
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 7:09 PM ET
- Size
- 12.5 KB