Page 73 - Martin Marietta - 2021 Proxy Statement
P. 73

EXECUTIVE COMPENSATION / OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END



          Outstanding Equity Awards at Fiscal Year-End
          The table below shows for each of the named executive officers information with respect to the unexercised stock options
          (columns (b), (c), (e), and (f)), stock unit awards (columns (g) and (h)) that have not vested, and equity incentive plan
          awards (columns (i) and (j)) outstanding on December 31, 2020.

                                           Option Awards                              Stock Awards
                                                                                                       Equity Incentive
                                                                                           Equity Incentive  Plan Awards:
                                                                                            Plan Awards:  Market Payout
                                                                                             Number of    Value or
                                Number of  Number of                 Number of  Market Value of  Unearned  Unearned
                                 Securities  Securities            Shares or Units  Shares or Units  Shares, Units or  Shares, Units or
                                Underlying  Underlying  Option      of Stock That  Of Stock That  Other Rights  Other Rights
                                Unexercised  Unexercised  Exercise  Option  Have Not  Have Not  That Have not  That Have Not
                                 Options   Options  Price  Expiration  Vested 1   Vested 1    Vested      Vested 1
          Name                     (#)       (#)     ($)    Date       (#)         ($)          (#)         ($)
           (a)                     (b)       (c)     (e)     (f)       (g)         (h)          (i)         (j)
           C. Howard Nye                                               2,846 2    808,179      9,940 7   2,822,662
                                                                       7,544 3   2,142,270    13,175 8   3,741,305
                                                                      10,141 4   2,879,740    11,804 9   3,351,982
                                                                       6,827 5   1,938,663
                                                                       7,007 6   1,989,778
          James A. J. Nickolas                                        4,047 10   1,149,227     1,956 7     555,445
                                                                        560 2     159,023      2,632 8     747,409
                                                                       1,506 3    427,659      1,946 9     552,606
                                                                       1,672 4    474,798
                                                                        735 5     208,718
                                                                        640 6     181,741
          Roselyn R. Bar                                                613 2     174,074      2,140 7     607,696
                                                                       1,636 3    464,575      2,857 8     811,302
                                                                       1,674 4    475,366      2,032 9     577,027
                                                                       1,385 5    393,298
                                                                       1,214 6    344,740
          Craig M. LaTorre                                            5,892 11   1,673,151     1,042 8     295,897
                                                                       1,458 3    414,028      1,461 9     414,880
                                                                       1,255 4    356,382
                                                                        507 6     143,973
          Daniel L. Grant          816              121.00  5/22/2024   321 2      91,154      1,120 7     318,046
                                  1,076             154.58  5/21/2025   846 3     240,239      1,477 8     419,424
                                                                        864 4     245,350      1,049 9     297,885
                                                                        503 5     142,837
                                                                        427 6     121,255


          1 Based on the closing price of our common stock as of December 31, 2020 ($283.97).
          2 RSU restrictions lapsed on February 22, 2021.
          3 RSU restrictions lapse ratably in installments on February 20, 2021 and February 20, 2022.
          4 RSU restrictions lapse ratable in installments on February 19, 2021, February 19, 2022 and February 19, 2023.
          5 Incentive Stock Plan units restrictions lapse on December 1, 2021.
          6 Incentive Stock Plan units restrictions lapse on December 1, 2022.
          7 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vested at December 31, 2020.
          8 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2021.
          9 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2022.
          10 RSUs fully vest on August 21, 2022 subject to continued employment. If Mr. Nickolas’ employment terminates prior to August 21, 2022 as a result of his voluntary
            termination or the Company’s termination of Mr. Nickolas for cause, all outstanding RSUs expire and he is required to return to the Company the value of any vested shares
            of common stock that vested in connection with this award.
          11 RSUs vest as follows subject to continued employment on the dates of vesting: 1,964 units vest on August 23, 2021; 1,964 units vest on August 23, 2022; and 1,964 units
            vest on August 23, 2023.



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