0001562180-24-001633.txt : 20240222 0001562180-24-001633.hdr.sgml : 20240222 20240222175357 ACCESSION NUMBER: 0001562180-24-001633 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240219 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bass Stanley G CENTRAL INDEX KEY: 0001564578 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33841 FILM NUMBER: 24666442 MAIL ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Vulcan Materials CO CENTRAL INDEX KEY: 0001396009 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 208579133 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 BUSINESS PHONE: (205) 298-3000 MAIL ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 FORMER COMPANY: FORMER CONFORMED NAME: Virginia Holdco, Inc. DATE OF NAME CHANGE: 20070409 4 1 primarydocument.xml PRIMARY DOCUMENT X0508 4 2024-02-19 false 0001396009 Vulcan Materials CO VMC 0001564578 Bass Stanley G 1200 URBAN CENTER DRIVE BIRMINGHAM AL 35242 false true false false Chief Strategy Officer false Common Stock 2024-02-19 4 M false 1800.00 A 35930.24 D Common Stock 2024-02-20 4 M false 6400.00 133.95 A 42330.24 D Common Stock 2024-02-20 4 F false 4709.00 255.15 D 37621.24 D Common Stock 2024-02-21 4 S false 8310.00 251.681 D 29311.24 D Common Stock 2024-02-22 4 S false 1691.00 255.6642 D 27620.24 D Common Stock 401(k) 34.814 D Common Stock (Restricted Stock Units) 2024-02-19 4 M false 1800.00 0.00 D 2024-02-19 Common Stock 1800.00 0.00 D Stock Appreciation Right 133.95 2024-02-20 4 M false 6400.00 0.00 D 2021-02-21 2030-02-21 Common Stock 6400.00 0.00 D Performance Share Units 2024-02-21 4 A false 4980.00 0.00 A 2026-12-31 Common Stock 4980.00 4980.00 D Common Stock (Restricted Stock Units) 2024-02-21 4 A false 1660.00 0.00 A 2027-02-21 Common Stock 1660.00 1660.00 D Stock Appreciation Right 253.43 2024-02-21 4 A false 4750.00 0.00 A 2025-02-21 2034-02-21 Common Stock 4750.00 4750.00 D Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date. Represents 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. This transaction was executed in multiple trades at prices ranging from $251.28 USD to $252.02 USD; the price reported above reflects the weighted average sale price. This transaction was executed at a single price of $255.6642. Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. Stock Appreciation Right vests in three (3) equal annual installments beginning on this date. Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2024 and ends on December 31, 2026. At the end of the Performance Period, the Compensation Committee determines the payment amount based on (1) Company performance relative to the S&P 500 Index, of which the Company is a member, and (2) the Company's annual average growth rate of Cash Gross Profit per ton versus a pre-determined target. The payment is made 100% in stock on a payment date determined by the Compensation Committee. /s/ Jennifer L. Commander, Attorney-In-Fact 2024-02-22 EX-24 2 basspoa23.txt POWER OF ATTORNEY POWER OF ATTORNEY STATE OF ALABAMA COUNTY OF JEFFERSON The undersigned director, officer, and/or shareholder of Vulcan Materials Company, a New Jersey corporation, hereby nominates, constitutes, and appoints Denson N. Franklin III, Jennifer L. Commander, and C. Samuel Todd, or any of them, the true and lawful attorneys of theundersigned, to prepare, based on information provided by the undersigned, and sign the name of the undersigned to (1) any Form 3 required to be filed with the Securities and Exchange Commission (the "SEC") under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), for and on behalf of the undersigned and any and all amendments to said report; (2) any Form 4 required to be filed with the SEC under the Exchange Act, for and on behalf of the undersigned and any and all amendments to said reports; and (3) any Form 5 to be filed with the SEC under the Exchange Act, for and on behalf of the undersigned and any and all amendments to said reports. The undersigned hereby grants to said attorneys full power of substitution, re-substitution, and revocation, all as fully as the undersigned could do if personally present, hereby ratifying all that said attorneys or their substitutes may lawfully do by virtue hereof. This Power of Attorney shall be effective for so long as the undersigned remains subject to the provisions of Section 16 of the Exchange Act, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys. IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney this 14th day of February, 2023. /s/ Stanley G. Bass Stanley G. Bass