Page 87 - Martin Marietta - 2023 Proxy Statement

POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL / EXECUTIVE COMPENSATION

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, 2022 termination date and, where applicable, using the NYSE closing price per share of our
common stock of $337.97 on December 30, 2022 (the last trading day of 2022).

Potential Incremental Value of Payments Upon Termination or Change of Control at December 31, 2022

Involuntary
Not-for-Cause
Retirement Termination Disability Death
Name Benefit or Payment 1 ($) ($) ($) ($) Change-of-Control
C. Howard Nye Cash Severance 2 14,355,000
Unvested RSUs 3 6,150,653 6,150,653 6,150,653 6,150,653
Unexercisable Stock Options
Unvested Incentive Stock Plan Units 4 3,545,643 251,190 3,545,643 3,545,643 3,545,643
PSUs 5 11,247,279 11,247,279 11,247,279 11,247,279
Retirement Plans 6 18,000,272
Health and Welfare Benefits 7 67,667
James A. J. Nickolas Cash Severance 2 4,610,895
Unvested RSUs 3 1,050,327 1,050,327 1,050,327 1,050,327
Unexercisable Stock Options
Unvested Incentive Stock Plan Units 4 206,838 15,706 206,838 206,838 206,838
PSUs 5 1,867,433 1,867,433 1,867,433 1,867,433
Retirement Plans 6 1,126,056 4,244,186
Health and Welfare Benefits 7 64,024
Roselyn R. Bar Cash Severance 2 5,249,550
Unvested RSUs 3 1,080,955 1,080,955 1,080,955 1,080,955
Unexercisable Stock Options
Unvested Incentive Stock Plan Units 4 671,208 47,334 671,208 671,208 671,208
PSUs 5 1,929,856 1,929,856 1,929,856 1,929,856
Retirement Plans 6 5,498,933
Health and Welfare Benefits 7 38,140
CraigM. LaTorre Cash Severance 2 3,762,900
Unvested RSUs 3 1,453,175 1,453,175 1,453,175 1,453,175
Unexercisable Stock Options
Unvested Incentive Stock Plan Units 4 337,294 23,662 337,294 337,294 337,294
PSUs 5 1,394,036 1,394,036 1,394,036 1,394,036
Retirement Plans 6 1,277,178 2,918,572
Health and Welfare Benefits 7 76,385
John P. Mohr Cash Severance 2 2,955,510
Unvested RSUs 3 1,913,021 1,913,021 1,913,021 1,913,021
Unexercisable Stock Options
Unvested Incentive Stock Plan Units 4 138,906 10,549 138,906 138,906 138,906
PSUs 5 959,417 959,417 959,417 959,417
Retirement Plans 6 207,775 2,320,260
Health and Welfare Benefits 7 21,990

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, 2022.
2 Assumes all earned base salary has been paid.
3 Reflects the estimated lump-sum intrinsic value of all unvested RSUs.
4 Reflects the difference between the value of the unvested Incentive Stock Plan share units at year-end and the amount of cash invested by the executive officer in the share
units.
5 Reflects the estimated lump-sum intrinsic value of all unvested PSUs.

MARTIN MARIETTA 81