SEC Form 4 · accession 0001562180-19-000614
Vulcan Materials CO · VMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley G Bass
Officer — Chief Growth Officer
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 6:41 pm 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 StockF1 | Jan 29, 2019 | M | 10,904 | $0.00 | A | 32,843 | D | |
| Common Stock | Jan 29, 2019 | F | 4,580 | $98.80 | D | 28,263 | D | |
| Common Stock (401k) | holding | — | — | — | 14,512 | 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 Comp DSUs/PSUs)F1 | — | Jan 29, 2019 | M | 10,904 | D | — | — | Common Stock | 10,904 | 0 | D |
Explanation of responses
- F1Each share of phantom stock was the economic equivalent of one share of Vulcan common stock. In accordance with the terms of Vulcan's Deferred Compensation Plan and instructions previously provided by the reporting person pursuant thereto, each share of phantom stock settled for a share of Vulcan common stock on January 29, 2019.
- F2Represents shares sold by the Company for tax withholding.