0001562180-20-002483.txt : 20200313
0001562180-20-002483.hdr.sgml : 20200313
20200313162054
ACCESSION NUMBER: 0001562180-20-002483
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20200303
FILED AS OF DATE: 20200313
DATE AS OF CHANGE: 20200313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clement David P
CENTRAL INDEX KEY: 0001587528
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33841
FILM NUMBER: 20712976
MAIL ADDRESS:
STREET 1: 1200 URBAN CENTER DRIVE
CITY: BIRMINGHAM
STATE: AL
ZIP: 35242
FORMER NAME:
FORMER CONFORMED NAME: Clements David P
DATE OF NAME CHANGE: 20130924
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vulcan Materials CO
CENTRAL INDEX KEY: 0001396009
STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
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
3
1
primarydocument.xml
PRIMARY DOCUMENT
X0206
3
2020-03-03
0
0001396009
Vulcan Materials CO
VMC
0001587528
Clement David P
1200 URBAN CENTER DRIVE
BIRMINGHAM
AL
35242
false
true
false
false
Senior Vice President
Common Stock
7393.00
D
Common Stock (401k)
3699.46
D
Phantom Stock (Deferred Comp)
Common Stock
1503.60
D
Phantom Stock (Deferred Comp DSUs/PSUs)
Common Stock
4825.94
D
Performance Share Units
2020-12-31
Common Stock
1900.00
D
Performance Share Units
2021-12-31
Common Stock
2500.00
D
Performance Share Units
2022-12-31
Common Stock
3100.00
D
Restricted Stock Units
2022-02-19
Common Stock
800.00
D
Restricted Stock Units
2023-02-21
Common Stock
1000.00
D
Stock Appreciation Right
55.41
2014-02-07
2023-02-07
Common Stock
1080.00
D
Stock Appreciation Right
66.00
2015-02-13
2024-02-13
Common Stock
3600.00
D
Stock Appreciation Right
79.41
2016-02-12
2025-02-12
Common Stock
3300.00
D
Stock Appreciation Right
92.02
2017-02-12
2026-02-12
Common Stock
2800.00
D
Stock Appreciation Right
122.60
2018-02-10
2027-02-10
Common Stock
1900.00
D
Stock Appreciation Right
121.69
2019-02-23
2028-02-23
Common Stock
1900.00
D
Stock Appreciation Right
113.16
2020-02-19
2029-02-19
Common Stock
2500.00
D
Stock Appreciation Right
133.95
2021-02-21
2030-02-21
Common Stock
3400.00
D
Each share of phantom stock is the economic equivalent of one share of Vulcan common stock. Shares of phantom stock are payable in cash following the reporting person's termination of employment with Vulcan and may be transferred into an alternative investment account at any time.
Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
Convertible on a 1-for-1 basis.
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 will settle for a share of Vulcan common stock the year following the year of retirement of the reporting person.
Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2018 and ends on December 31, 2020. At the end of the Performance Period, the Compensation Committee determines the payment amount based on Company performance relative to the S&P 500 Index, of which the Company is a member. The payment is made 100% in stock on a payment date determined by the Compensation Committee.
Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2019 and ends on December 31, 2021. 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.
Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2020 and ends on December 31, 2022. 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.
Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
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.
Stock Appreciation Right vests in four (4) equal annual installments beginning on this date.
/s/ Elizabeth H. Townsend, Attorney-In-Fact
2020-03-13
EX-24
2
clementpoa-2020.txt
POWER OF ATTORNEY
POWER OF ATTORNEY
STATE OF TENNESSEE
COUNTY OF WILLIAMSON
The undersigned director, officer, and/or shareholder
of Vulcan Materials Company, a New Jersey corporation,
hereby nominates, constitutes and appoints Denson N.
Franklin III and Elizabeth H. Townsend, or any of them,
the true and lawful attorneys of the undersigned, 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 9th day of March, 2020.
/s/
David P. Clement