SEC Form 4 · accession 0001562180-18-002458
Vulcan Materials CO · VMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R McPherson
Officer — Exec VP & CF & Strategy
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 4:51 pm EDT
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 | May 9, 2018 | M | 50,000 | $29.05 | A | 102,610 | D | |
| Common Stock | May 9, 2018 | F | 28,554 | $126.73 | D | 74,056 | D | |
| Common StockF3 | May 11, 2018 | S | 21,446 | $125.88 | D | 52,610 | D | |
| Common Stock (401k) | holding | — | — | — | 9,451 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF4 | $29.05 | May 9, 2018 | M | 50,000 | D | — | Nov 9, 2021 | Common Stock | 355,600 | 305,600 | D |
Explanation of responses
- F1The transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2018.
- F2Represents shares sold (for tax-withholding purposes and to cover the cost of the options) pursuant to the exercise of Stock-Only Stock Appreciation Rights previously granted.
- F3Shares were sold on May 11, 2018 at prices ranging from $125.53 to $126.83 per share, with an average price of $125.88. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F4SOSAR grant vested 40% on December 31, 2011. The remaining 60% vested 1/35th per month beginning on January 9, 2012 until November 9, 2014.