SEC Form 4 · accession 0001127602-17-008146
MARTIN MARIETTA MATERIALS INC · MLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Howard Nye
Officer — Chairman, Pres & CEO · Director
Period of report
Feb 23, 2017
Accepted (ET)
Feb 24, 2017 · 2:20 pm 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 23, 2017 | A | 5,991 | $166.94 | A | 116,545 | D | |
| Common StockF1 | Feb 23, 2017 | A | 3,021 | $0.00 | A | 119,566 | D | |
| Common Stock | Feb 23, 2017 | F | 1,322 | $218.94 | D | 118,244 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the settlement of performance share units into common stock that were granted under the Martin Marietta Amended and Restated Stock Based Award Plan on August 21, 2014. The ultimate amount of shares to be received under the grant depended on the achievement of performance goals during a three-year performance period from January 1, 2014 through December 31, 2016. On February 23, 2017, Martin Marietta's Management Development and Compensation Committee certified the attainment of the applicable performance goals and approved the settlement of the PSU grant. The shares underlying the PSUs vested on December 31, 2016.