Page 79 - Martin Marietta - 2025 Proxy Statement
P. 79

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END / EXECUTIVE COMPENSATION



        Outstanding Equity Awards at Fiscal Year-End
        The table below shows for each of the named executive officers’ information with respect to the stock unit awards
        (columns (g) and (h)) that have not vested and equity incentive plan awards (columns (i) and (j)) outstanding on
        December 31, 2024. There are no unexercised stock options for the NEOs.

                                        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      Vested 1    Vested      Vested 1
         Name                  (#)       (#)      ($)    Date        (#)         ($)          (#)         ($)
         (a)                   (b)       (c)      (e)     (f)        (g)         (h)          (i)         (j)
         C. Howard Nye                                              2,756 2    1,423,474    10,107 7    5,220,266
                                                                    5,620 3    2,902,730    10,305 8    5,322,533
                                                                    6,366 4    3,288,039     8,106 9    4,186,749
                                                                    3,373 6    1,742,155
         James A. J. Nickolas                                        502 2      259,283      1,843 7     951,910
                                                                     991 3      511,852      1,817 8     938,481
                                                                    1,594 4     823,301      1,948 9    1,006,142
         Roselyn R. Bar                                              510 2      263,415      1,872 7     966,888
                                                                    1,006 3     519,599      1,844 8     952,426
                                                                    1,529 4     789,729      1,948 9    1,006,142
                                                                     984 5      508,236
                                                                    1,174 6     606,371
         Robert J. Cardin                                            253 2      130,675       929 7      479,829
                                                                     470 3      242,755       861 8      444,707
                                                                     774 4      399,771       946 9      488,609
         Michael J. Petro                                            287 2      148,236      1,053 7     543,875
                                                                     433 3      223,645       794 8      410,101
                                                                     714 4      368,781       873 9      450,905
                                                                     846 10     436,959
                                                                    1,605 11    828,983

        1 Based on the closing price of $516.50 of our common stock as of December 31, 2024.
        2 RSU restrictions lapsed on February 18, 2025.
        3 RSU restrictions lapse ratably in installments on February 24, 2025 and February 24, 2026.
        4 RSU restrictions lapse ratably in installments on February 23, 2025, February 23, 2026 and February 23, 2027.
        5 Incentive Stock Plan units restrictions lapse on December 1, 2025.
        6 Incentive Stock Plan units restrictions lapse on December 1, 2026.
        7 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vested at December 31, 2024. Actual payouts were
          certified by the Management Development and Compensation Committee on February 18, 2025 in the following number of shares: Mr. Nye, 23,550; Mr. Nickolas, 4,295;
          Ms. Bar, 4,362; Mr. Cardin, 2,165; and Mr. Petro, 2,454.
        8 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2025.
        9 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2026.
        10 RSUs fully vest subject to continued employment on August 2, 2026.
        11 RSUs fully vest subject to continued employment on January 5, 2027.












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