Page 73 - Martin Marietta - 2022 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, 2021.

                                        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                                              3,772 2    1,661,641    13,175 7    5,803,851
                                                                    6,760 3    2,977,915    11,804 8    5,199,898
                                                                    9,601 4    4,229,433    11,735 9    5,169,502
                                                                    7,007 5    3,086,724
                                                                    6,341 6    2,793,337
         James A. J. Nickolas                                       4,047 10   1,782,784     2,632 7    1,159,449
                                                                     753 2      331,712      1,946 8     857,252
                                                                    1,114 3     490,739      1,864 9     821,129
                                                                    1,526 4     672,234
                                                                     640 5      281,933
                                                                     612 6      269,598
         Roselyn R. Bar                                              818 2      360,345      2,857 7    1,258,566
                                                                    1,164 3     512,765      2,032 8     895,137
                                                                    1,525 4     671,793      1,943 9     855,930
                                                                    1,214 5     534,791
                                                                    1,137 6     500,871
         CraigM. LaTorre                                            3,928 11   1,730,363     1,042 7     459,022
                                                                     729 2      321,139      1,461 8     643,600
                                                                     836 3      368,275      1,397 9     615,406
                                                                    1,143 4     503,514
                                                                     507 5      223,344
                                                                     530 6      233,476
         John P. Mohr                                               5,988 12   2,637,834     1,359 7     598,667
                                                                     389 2      171,362       985 8      433,912
                                                                     564 3      248,453       954 9      420,256
                                                                     780 4      343,606
                                                                     429 5      188,983
                                                                     411 6      181,054

        1 Based on the closing price of our common stock as of December 31, 2021 ($440.52).
        2 RSU restrictions lapsed on February 20, 2022.
        3 RSU restrictions lapse ratably in installments on February 19, 2022 and February 19, 2023.
        4 RSU restrictions lapse ratably in installments on February 17, 2022, February 17, 2023 and February 17, 2024.
        5 Incentive Stock Plan units restrictions lapse on December 1, 2022.
        6 Incentive Stock Plan units restrictions lapse on December 1, 2023.
        7 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vested at December 31, 2021.
        8 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2022.
        9 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2023.
        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, 2022; and 1,964 units vest on August 23, 2023.
        12 RSUs vest as follows subject to continued employment on the dates of vesting: 1,966 units vested on February 20, 2022; 1,996 units vest on February 20, 2023 and 1,996
          units vest on February 20, 2024.


        68 2022 PROXY STATEMENT
   68   69   70   71   72   73   74   75   76   77   78