Page 79 - Martin Marietta - 2021 Proxy Statement

EXECUTIVE COMPENSATION / POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL

Value of Payments Upon Termination. The following table shows the potential incremental value of payments to each
of our named executive officers upon termination, including in the event of a Change of Control of Martin Marietta,
assuming a December 31, 2020 termination date and, where applicable, using the NYSE closing price per share of our
common stock of $283.97 on December 31, 2020 (the last trading day of 2020).

Potential Incremental Value of Payments Upon Termination or Change of Control at December 31, 2020

Involuntary
Not-for-Cause
Retirement Termination Disability Death
Name Benefit or Payment 1 ($) ($) ($) ($) Change-of-Control
C. Howard Nye Cash Severance 2 12,375,000
Unvested RSUs 3 5,880,828 5,880,828 5,880,828 5,880,828
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 1,428,441 772,368 1,428,441 1,428,441 1,428,441
PSUs 5 11,688,641 11,688,641 11,688,641 11,688,641
Retirement Plans 6 1,615,914 14,131,591
Health and Welfare Benefits 7 64,619
James A. J. Nickolas Cash Severance 2 3,680,049
Unvested RSUs 3 2,237,714 2,237,714 2,237,714 2,237,714
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 145,204 80,335 145,204 145,204 145,204
PSUs 5 2,190,200 2,190,200 2,190,200 2,190,200
Retirement Plans 6 2,293,536 2,576,207
Health and Welfare Benefits 7 61,676
Roselyn R. Bar Cash Severance 2 4,280,451
Unvested RSUs 3 1,144,344 1,144,344 1,144,344 1,144,344
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 274,031 151,456 274,031 274,031 274,031
PSUs 5 2,349,185 2,349,185 2,349,185 2,349,185
Retirement Plans 6 4,656,396
Health and Welfare Benefits 7 36,160
Craig M. LaTorre Cash Severance 2 3,056,436
Unvested RSUs 3 2,478,707 2,478,707 2,478,707 2,478,707
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 39,211 26,141 39,211 39,211 39,211
PSUs 5 1,109,849 1,109,849 1,109,849 1,109,849
Retirement Plans 6 1,454,601 1,636,356
Health and Welfare Benefits 7 60,578
Daniel L. Grant Cash Severance 2 2,621,550
Unvested RSUs 3 589,238 589,238 589,238 589,238
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 98,525 54,715 98,525 98,525 98,525
PSUs 5 1,213,946 1,213,946 1,213,946 1,213,946
Retirement Plans 6 50,296 1,094,865
Health and Welfare Benefits 7 41,294

1 The table does not include information with respect to plans or arrangements that are available generally to all salaried employees and that do not discriminate in favor of
executive officers. The table reflects the incremental value over the amounts to which the named executive officer would have been entitled on a voluntary resignation on
December 31, 2020.
2 Assumes all earned base salary has been paid.
3 Reflects the estimated lump-sum intrinsic value of all unvested RSUs.

74 2021 PROXY STATEMENT