Hicks Darren L. 4
4 · Vulcan Materials CO · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Hicks Darren L.
Chief Human Resources Officer
Transactions
- Award
Common Stock (Restricted Stock Units)
2024-02-21+790→ 790 totalFrom: 2027-02-21→ Common Stock (790 underlying) - Exercise/Conversion
Common Stock (Restricted Stock Units)
2024-02-19−420→ 0 totalFrom: 2024-02-19→ Common Stock (420 underlying) - Award
Stock Appreciation Right
2024-02-21+2,260→ 2,260 totalExercise: $253.43From: 2025-02-21Exp: 2034-02-21→ Common Stock (2,260 underlying) - Exercise/Conversion
Common Stock
2024-02-19+420→ 5,957 total - Award
Performance Share Units
2024-02-21+2,370→ 2,370 totalFrom: 2026-12-31→ Common Stock (2,370 underlying) - Tax Payment
Common Stock
2024-02-20$255.15/sh−187$47,713→ 5,770 total
Holdings
- 4,086.005
Common Stock 401(k)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
- [F2]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.
- [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, 2024 and ends on December 31, 2026. 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.
- [F4]Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.