SEC Form 4 · accession 0000900440-18-000101
VALMONT INDUSTRIES INC · VMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Timothy P Francis
Officer — Vice Pres & Corp Controller
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 3:33 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 StockF1 | Dec 17, 2018 | A | 753 | $0.00 | A | 2,903 | D | |
| Common Stock | Dec 18, 2018 | F | 47 | $112.41 | D | 2,856 | 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 (right to buy)F2 | $112.08 | Dec 17, 2018 | A | 2,833 | A | Dec 17, 2019 | Dec 17, 2025 | Common Stock | 2,833 | 2,833 | D |
| Non-Qualified Stock Option (right to buy)F3 | $112.08 | Dec 17, 2018 | A | 4,000 | A | Dec 17, 2023 | Dec 17, 2025 | Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- F1Restricted stock unit award which vests on December 17, 2023.
- F2The option vests in three equal annual installments on December 17, 2019, December 17, 2020, and December 17, 2021.
- F3The option vests on December 17, 2023.