SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0362
Estimated average burden
hours per response: 1.0
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Form 3 Holdings Reported.
  
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
ROSENWALD BRADLEY C

(Last) (First) (Middle)
1200 URBAN CENTER DRIVE

(Street)
BIRMINGHAM AL 35242

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VULCAN MATERIALS CO [ VMC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Chemicals
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock (401k) 6,516 I By 401(k)
Common Stock (Restricted Stock Units)(1) 7,255 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units $0.000(2) 01/01/2007(2) (2) Common Stock 5,100 5,100 D
Stock Options (Right to Buy) $18.853 05/17/1997(3) 05/17/2006 Common Stock 6,375 6,375 D
Stock Options (Right to Buy) $21.313 02/14/1998(3) 02/14/2007 Common Stock 7,875 7,875 D
Stock Options (Right to Buy) $32.947 02/12/1999(3) 02/12/2008 Common Stock 7,725 7,725 D
Stock Options (Right to Buy) $45.167 02/11/2000(3) 02/11/2009 Common Stock 5,925 5,925 D
Stock Options (Right to Buy) $42.344 02/10/2001(3) 02/10/2010 Common Stock 6,700 6,700 D
Stock Options (Right to Buy) $44.9 02/09/2002(3) 02/09/2011 Common Stock 4,900 4,900 D
Stock Options (Right to Buy) $45.95 02/07/2003(3) 02/07/2012 Common Stock 16,000 16,000 D
Stock Options (Right to Buy) $31.465 01/01/2004(4) 02/13/2013 Common Stock 11,000 11,000 D
Stock Options (Right to Buy) $46.76 01/01/2005(4) 02/12/2014 Common Stock 10,000 10,000 D
Explanation of Responses:
1. Restricted Stock Units which are convertible on a 1-for-1 basis.
2. Performance Share Units vest at January 1 following a three-year award period. At the end of the award period, the Compensation Committee determines the payment amount based on Company performance. The payment is made 50% in stock and 50% in cash on a payment date determined by the Compensation Committee. The fair market value of the award is not determinable until the payment date.
3. The option vests over five years in 20% increments each year on the anniversary of the grant date.
4. The option vests over five years in 20% increments each year on January 1 following the grant date.
Remarks:
By: Amy M. Tucker, Attorney-in-Fact 02/14/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.