Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
VMC > SEC Filings for VMC > Form 8-K on 20-Dec-2013All Recent SEC Filings

Show all filings for VULCAN MATERIALS CO

Form 8-K for VULCAN MATERIALS CO


20-Dec-2013

Change in Directors or Principal Officers, Financial Statements and Exhibits


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 20, 2013, the following officers of Vulcan Materials Company, a New Jersey corporation (the "Company"), executed agreements waiving certain rights and compensation under their Change in Control Employment Agreements with the Company as follows:

1. J. Thomas Hill, Executive Vice President and Chief Operating Officer, waived his right to the inclusion of target long-term incentive value in the calculation of cash severance and a gross-up in respect of excise taxes under
Section 280G of the Internal Revenue Code.

2. Michael R. Mills, Sr. Vice President and General Counsel, waived his right to the inclusion of target long-term incentive value in the calculation of cash severance and a gross-up in respect of excise taxes under Section 280G of the Internal Revenue Code.

3. Danny R. Shepherd, Vice Chairman, waived his right to the inclusion of target long-term incentive value in the calculation of cash severance and a gross-up in respect of excise taxes under Section 280G of the Internal Revenue Code.

4. Daniel F. Sansone, Executive Vice President - Strategy, waived his right to receive severance compensation upon a voluntary termination of employment without good reason during the 30-day period following the first anniversary of a change in control of the Company, as well as the inclusion of target long-term incentive value in the calculation of cash severance and a gross-up in respect of excise taxes under Section 280G of the Internal Revenue Code.

Such letter agreements are filed as Exhibits hereto and the foregoing summary is qualified in its entirety by reference to such agreements, the text of which is hereby incorporated by reference into this Item 5.02 disclosure.



Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits

(d) Exhibits. The following exhibit is filed as part of this report:

10.1 Waiver Agreement, dated as of December 20, 2013, of J. Thomas Hill.

10.2 Waiver Agreement, dated as of December 20, 2013, of Michael R. Mills.

10.3 Waiver Agreement, dated as of December 20, 2013, of Danny R. Shepherd.

10.4 Waiver Agreement, dated as of December 20, 2013, of Daniel F. Sansone.

Page 2 of 3

  Add VMC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for VMC - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.