SEC Form 4 · accession 0000102729-17-000018
VALMONT INDUSTRIES INC · VMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mogens C Bay
Officer — Chairman and CEO · Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 1, 2017 · 2:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000102729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 30, 2017 | M | 39,531 | $136.42 | A | 279,531 | D | |
| Common Stock | Nov 30, 2017 | M | 35,926 | $145.25 | A | 315,457 | D | |
| Common Stock | Nov 30, 2017 | M | 30,552 | $132.84 | A | 346,009 | D | |
| Common Stock | Nov 30, 2017 | M | 21,434 | $104.47 | A | 367,443 | D | |
| Common Stock | Nov 30, 2017 | F | 111,557 | $172.78 | D | 255,886 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option | $136.42 | Nov 30, 2017 | M | 39,531 | D | Dec 17, 2013 | Dec 17, 2019 | Common Stock | 39,531 | 0 | D |
| Non-Qualified Stock Option | $145.25 | Nov 30, 2017 | M | 35,926 | D | Dec 19, 2014 | Dec 9, 2020 | Common Stock | 35,926 | 0 | D |
| Non-Qualified Stock OptionF1 | $132.84 | Nov 30, 2017 | M | 30,552 | D | Dec 8, 2015 | Dec 8, 2021 | Common Stock | 30,552 | 15,726 | D |
| Non-Qualified Stock OptionF2 | $104.47 | Nov 30, 2017 | M | 21,434 | D | Dec 16, 2016 | Dec 16, 2022 | Common Stock | 21,434 | 42,870 | D |
Explanation of responses
- F1Vests on December 8, 2017.
- F2Vests in two remaining equal installments on December 16, 2017 and December 16, 2018.