Page 27 - Code of Ethical Business Conduct
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Code of Ethical Business Conduct    25
        Inside Information and

        Securities Laws






           “Material non-public information,” also known as inside information,
        is any information about a company that has not reached the general market
        place and would be important to investors. Examples include financial results or
        forecasts, major management changes, proposed mergers or acquisitions, and
        significant contracts.
           Martin Marietta is required by the Securities and Exchange Commission and
        the New York Stock Exchange to make prompt public disclosure of “material
        information” regarding Martin Marietta. Employees, officers, consultants and
        directors must comply with Martin Marietta’s Insider Trading Policy.
           There will be occasions when you know important information affecting Martin
        Marietta’s activities that has not been publicly released. In such cases, you must
        hold the information in the strictest confidence,
        which includes not communicating it to family
        members, friends or other employees that do   “Material non-public
        not need to know. It is a violation of federal   information,” also known
        law to purchase or sell a company’s securities   as inside information, is
        using what is known as “material non-public   any information about a
        (or inside) information.” This also applies to   company that has not reached
        officers, consultants and directors. Trading on   the general marketplace and
                                                    would be important to
        inside information can give rise to substantial   investors. Examples include
        civil and criminal penalties, including fines and   financial results or forecasts,
        imprisonment. These penalties may apply to those   major management changes,
        individual employees, officers, agents, or directors   proposed mergers or
        violating laws as well as to the Company.   acquisitions, and significant
                                                    contracts.
           Employees, officers, consultants and directors
        may not buy or sell Martin Marietta securities
        on the basis of “material non-public (or inside)
        information” nor provide information to others for that purpose. Further, employees
        may not buy or sell securities in any other company about which they have material
        information obtained in the performance of their duties.
           For more information about this topic, please ask your manager, the Corporate
        Secretary, or refer to the Insider Trading Policy.
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