Page 65 - Proxy Statement - 2020
P. 65
Outstanding Equity Awards at Fiscal Year-End / Executive Compensation
2 RSU restrictions lapsed on March 28, 2020.
3 RSU restrictions lapse ratably in installments on February 22, 2020 and February 22, 2021.
4 RSU restrictions lapse ratable in installments on February 20, 2020, February 20, 2021 and February 20, 2022.
5 Incentive Stock Plan units restrictions lapse on December 1, 2020.
6 Incentive Stock Plan units restrictions lapse on December 1, 2021.
7 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vested at December 31, 2019.
8 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2020.
9 The amount for these outstanding awards of PSUs are presented at the target performance levels. The awards generally vest at December 31, 2021.
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, 2021; 1,964 units vest on August 23,
2022; and 1,964 units vest on August 23, 2023.
Option Exercises and Stock Vested
The table below shows on an aggregated basis for each of the named executive officers information on (1) the exercise of options for
the purchase of Martin Marietta’s common stock and (2) the vesting of stock, including RSUs, PSUs and Incentive Stock Plan units,
during the last completed fiscal year. There are no awards of stock appreciation rights for Martin Marietta’s common stock or other
similar instruments.
OPTION EXERCISES AND STOCK VESTED TABLE
OPTION AWARDS STOCK AWARDS
Number Number of
of Shares Value Shares Value
Acquired Realized Acquired Realized
on Exercise on Exercise on Vesting on Vesting 1
Name (#) ($) (#) ($)
(a) (b) (c) (d) (e)
C. Howard Nye 49,703 6,651,783 58,809 13,538,636
James A. J. Nickolas 0 0 1,644 409,440
Roselyn R. Bar 3,528 391,733 19,434 4,652,801
Craig M. LaTorre 0 0 0 0
Daniel L. Grant 0 0 13,691 3,331,811
1 The amounts in column (e) include the value of RSUs and PSUs at the time of vesting and the appreciation of both mandatory and voluntary
contributions under the Incentive Stock Plan.
2020 PROXY STATEMENT 61