Filing Details
- Accession Number:
- 0001104659-18-014204
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-01 21:00:25
- Reporting Period:
- 2018-02-27
- Accepted Time:
- 2018-03-01 21:00:25
- 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 | 2018-02-27 | 40,000 | $0.00 | 40,000 | No | 4 | C | Indirect | See Footnote |
| Class A Common Stock | Acquisiton | 2018-02-28 | 4,098 | $0.00 | 10,601 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2018-03-01 | 30,000 | $32.01 | 10,000 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | See Footnote |
| No | 4 | M | Direct | |
| 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 | LP Units of Summit Materials Holdings L.P. | Disposition | 2018-02-27 | 40,000 | $0.00 | 40,000 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2018-02-28 | 4,098 | $0.00 | 4,098 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2018-02-28 | 3,994 | $0.00 | 3,994 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 162,752 | No | 4 | C | Indirect | ||
| 0 | No | 4 | M | Direct | ||
| 3,994 | No | 4 | A | Direct |
Footnotes
- Pursuant to the terms of an exchange agreement, dated as of March 11, 2015, the limited partnership units of Summit Materials Holdings L.P. ("LP Units") reported herein are exchangeable from and after the first anniversary of the closing of the Issuer's initial public offering (subject to the terms of the exchange agreement and vesting requirements, including certain vesting events more fully described in the Issuer's Registration Statement on Form S-1 (File No. 333-201058)) for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis.
- Reflects securities held by a limited liability company controlled by Mr. Gardner.
- Reflects restricted stock units that upon vesting converted into shares of Class A Common Stock on a one-for-one basis.
- Total holdings include shares of Class A Common Stock received pursuant to a stock dividend paid on December 22, 2017.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.82 to $32.26, 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.
- Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
- On February 28, 2017, the Reporting Person was granted 4,098 restricted stock units that vested on February 28, 2018.
- These restricted stock units vest on February 28, 2019.
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