Page 79 - Martin Marietta - 2022 Proxy Statement

EXECUTIVE COMPENSATION / POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL

changed such that future grants of RSUs and PSUs will require termination of the executive’s employment in connection
with a Change of Control in order for accelerated vesting to occur.

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, 2021 termination date and, where applicable, using the NYSE closing price per share of our
common stock of $440.52 on December 31, 2021 (the last trading day of 2021).

Potential Incremental Value of Payments Upon Termination or Change of Control at December 31, 2021

Involuntary
Not-for-Cause
Retirement Termination Disability Death
Name Benefit or Payment 1 ($) ($) ($) ($) Change-of-Control
C. Howard Nye Cash Severance 2 13,755,000
Unvested RSUs 3 8,921,339 8,921,339 8,921,339 8,921,339
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 5,880,061 1,481,788 5,880,061 5,880,061 5,880,061
PSUs 5 19,832,813 19,832,813 19,832,813 19,832,813
Retirement Plans 6 402,957 15,807,881
Health and Welfare Benefits 7 70,857
James A. J. Nickolas Cash Severance 2 4,301,343
Unvested RSUs 3 1,503,961 1,503,961 1,503,961 1,503,961
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 551,531 140,120 551,531 551,531 551,531
PSUs 5 3,202,836 3,202,836 3,202,836 3,202,836
Retirement Plans 6 2,231,825 3,304,830
Health and Welfare Benefits 7 66,911
Roselyn R. Bar Cash Severance 2 5,123,550
Unvested RSUs 3 1,582,669 1,582,669 1,582,669 1,582,669
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 1,035,663 262,361 1,035,663 1,035,663 1,035,663
PSUs 5 3,345,991 3,345,991 3,345,991 3,345,991
Retirement Plans 6 5,293,756
Health and Welfare Benefits 7 42,600
CraigM. LaTorre Cash Severance 2 3,685,230
Unvested RSUs 3 2,950,565 2,950,565 2,950,565 2,950,565
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 465,819 117,570 465,819 465,819 465,819
PSUs 5 2,405,746 2,405,746 2,405,746 2,405,746
Retirement Plans 6 1,538,071 2,410,317
Health and Welfare Benefits 7 1,684
John P. Mohr Cash Severance 2 2,881,230
Unvested RSUs 3 3,455,716 3,455,716 3,455,716 3,455,716
Unexercisable Stock Options
Unvested Incentive Stock Plan
Units 4 370,037 94,070 370,037 370,037 370,037
PSUs 5 1,630,424 1,630,424 1,630,424 1,630,424
Retirement Plans 6 479,744 2,055,610
Health and Welfare Benefits 7 36,876

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, 2021.

74 2022 PROXY STATEMENT