SEC Form 4 · accession 0001225208-15-021882
Vulcan Materials CO · VMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Clement
Officer — President, Central Division
Period of report
Dec 4, 2015
Accepted (ET)
Dec 8, 2015 · 10:35 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001396009
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 858 | D | ||
| Common Stock (401k) | holding | — | — | — | 4,282 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock (Deferred Compensation)F1 | — | Dec 4, 2015 | I | 246 | A | — | — | Common Stock | 246 | 621 | D |
Explanation of responses
- F1This acquisition was in connection with a reallocation of funds within the reporting person's Executive Deferred Compensation Plan account, from non-stock fund to Vulcan phantom stock fund. Each share of phantom stock is the economic equivalent of one share of Vulcan common stock. Shares of phantom stock are payable in cash following the reporting person's termination of employment with Vulcan, and may be transferred into an alternative investment account at any time.