SEC Form 4 · accession 0001127602-16-044383
MARTIN MARIETTA MATERIALS INC · MLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laree E Perez
Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 9:53 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000916076
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 29, 2016 | M | 3,000 | $0.00 | A | 15,613 | D | |
| Common StockF1 | Feb 29, 2016 | S | 3,000 | $143.3534 | D | 12,613 | D | |
| Common StockF2 | Feb 29, 2016 | A | 50 | $114.10 | A | 12,663 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $89.02 | Feb 29, 2016 | M | 3,000 | D | — | May 22, 2016 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.2150 to $143.5200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2Common stock units were accrued under the Martin Marietta Materials, Inc. Common Stock Purchase Plan for Directors (the "Plan") and are to be settled in stock in a lump sum or in installments not to exceed 10 years commencing on (i) the date the reporting person ceases to be a Non-Employee Director, (ii) the date that is one month and one year following the date the reporting person ceases to be a Non-Employee Director, or (iii) the date elected by the Non-Employee Director that is later than the third anniversary of the date the fees are earned, in accordance with the reporting person's election under the Plan.
- F3Non-qualified stock option award granted under the Martin Marietta Materials, Inc. Amended and Restated Stock-Based Award Plan. Options are exercisable immediately.
Remarks
Exhibit 24.1 - Power of Attorney