SEC Form 4 · accession 0000900440-17-000011
VALMONT INDUSTRIES INC · VMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy P Francis
Officer — VP Corporate Controller
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 3:40 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 | Feb 24, 2017 | M | 1,296 | $104.47 | A | 2,466 | D | |
| Common Stock | Feb 24, 2017 | F | 1,022 | $158.05 | D | 1,444 | 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 OptionF1 | $104.47 | Feb 24, 2017 | M | 1,296 | D | Dec 16, 2016 | Dec 16, 2022 | Common Stock | 5,838 | 4,542 | D |
Explanation of responses
- F1The option vests in three annual installments beginning on December 16, 2016.