SEC Form 4 · accession 0001225208-17-011494
Vulcan Materials CO · VMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Steiner
Director
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001396009
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F1 | — | Jun 15, 2017 | A | 1,160 | A | — | — | Common Stock | 1,160 | 1,160 | D |
| Phantom Stock (Deferred Compensation)F1,F5 | — | Jun 15, 2017 | A | 433 | A | — | — | Common Stock | 433 | 433 | D |
Explanation of responses
- F1Convertible on a 1-for-1 basis.
- F2Annual deferred stock grant made to the reporting person under the Vulcan Materials Company 2016 Omnibus Long-Term Incentive Plan.
- F3Deferred Stock Units are fully vested as of the grant date. Vested shares will be delivered to the reporting person in the month of April following the year in which the reporting person ceases to be a member of the Board of Directors, unless the reporting person has elected to defer payment of the award, or unless payment is made earlier due to the death or disability of the reporting person or a change in control of Vulcan.
- F4Director's fees credited to the reporting person's account in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan.
- F5The units are to be settled in Vulcan common stock commencing at the retirement of the reporting person.