Franklin Denson N. III 4
4 · Vulcan Materials CO · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Franklin Denson N. III
SVP, Gen. Counsel & Secretary
Transactions
- Award
Performance Share Units
2025-02-20+3,310→ 3,310 totalFrom: 2027-12-31→ Common Stock (3,310 underlying) - Award
Restricted Stock Units
2025-02-20+1,100→ 1,100 totalFrom: 2028-02-20→ Common Stock (1,100 underlying) - Award
Stock Appreciation Right
2025-02-20+2,640→ 2,640 totalExercise: $258.59From: 2026-02-20Exp: 2035-02-20→ Common Stock (2,640 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, 2025 and ends on December 31, 2027. At the end of the Performance Period, the Compensation and Human Capital 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 and Human Capital 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.