Filing Details

Accession Number:
0001104659-17-030754
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-08 18:09:56
Reporting Period:
2017-05-04
Filing Date:
2017-05-08
Accepted Time:
2017-05-08 18:09:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1621563 Summit Materials Inc. SUM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228680 A Ted Gardner C/O Summit Materials, Inc.
1550 Wynkoop Street, 3Rd Floor
Denver CO 80202
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2017-05-04 57,555 $18.00 57,555 No 4 M Indirect See Footnote
Class A Common Stock Disposition 2017-05-04 36,211 $28.61 21,344 No 4 F Indirect See Footnote
Class A Common Stock Disposition 2017-05-05 21,344 $28.04 0 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect See Footnote
No 4 F Indirect See Footnote
No 4 S Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Warrants Disposition 2017-05-04 57,555 $0.00 57,555 $18.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-03-11 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 6,414 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Warrants $18.00 2025-03-11 27,408 27,408 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-03-11 27,408 27,408 Indirect
Footnotes
  1. Reflects securities held by certain investment funds affiliated with Silverhawk Summit, L.P. ("Silverhawk"). Mr. Gardner, a managing partner and co-founder of Silverhawk, may be deemed to have beneficial ownership of the securities of the Issuer held by Silverhawk.
  2. On May 4, 2017, the Reporting Person exercised warrants to purchase 57,555 shares of Class A Common Stock for $18.00 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding 36,211 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 21,344 shares.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $28.03 to $28.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  4. These warrants are fully exercisable.
  5. Reflects securities held by a limited liability company controlled by Mr. Gardner.