SEC Form 4 · accession 0001203394-16-000057
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
Dec 19, 2016
Accepted (ET)
Dec 21, 2016 · 3:02 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 | holding | — | — | — | 300,000 | 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)F1 | $151.90 | Dec 19, 2016 | A | 42,377 | A | Dec 19, 2017 | Dec 19, 2023 | Common Stock | 42,377 | 42,377 | D |
Explanation of responses
- F1The option vests in three equal annual installments beginning on December 19, 2017.