Filing Details
- Accession Number:
- 0001104659-19-060109
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-05 17:02:05
- Reporting Period:
- 2019-11-01
- Accepted Time:
- 2019-11-05 17:02:05
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1621563 | Summit Materials Inc. | SUM | Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) | 471984212 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1636107 | Shane Mikel Evans | C/O Summit Materials, Inc. 1550 Wynkoop Street, 3Rd Floor Denver CO 80202 | See Remarks | No | Yes | 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 | Disposition | 2019-11-01 | 11,868 | $23.23 | 6,288 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-01 | 107,341 | $18.00 | 113,629 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-01 | 132,343 | $18.00 | 245,972 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-01 | 14,154 | $17.07 | 260,126 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2019-11-01 | 239,594 | $23.67 | 20,532 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2019-11-01 | 14,244 | $22.88 | 6,288 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-01 | 78,525 | $0.00 | 84,813 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2019-11-01 | 78,525 | $23.57 | 6,288 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Options (right to buy) | Disposition | 2019-11-01 | 107,341 | $0.00 | 107,341 | $18.00 |
| Class A Common Stock | Options (right to buy) | Disposition | 2019-11-01 | 132,343 | $0.00 | 132,343 | $18.00 |
| Class A Common Stock | Options (right to buy) | Disposition | 2019-11-01 | 14,154 | $0.00 | 14,154 | $17.07 |
| Class A Common Stock | LP Units of Summit Materials Holdings L.P. | Disposition | 2019-11-01 | 78,525 | $0.00 | 78,525 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-03-11 | No | 4 | M | Direct | |
| 0 | 2025-03-11 | No | 4 | M | Direct | |
| 0 | 2026-02-24 | No | 4 | M | Direct | |
| 0 | No | 4 | C | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $22.79 to $23.46, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $22.97 to $23.96, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $22.79 to $22.965, 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.
- 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 on a one-for-one basis.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.35 to $23.96, 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.
- Reflects the grant of 107,341 options that vested in four equal annual installments beginning on March 11, 2016.
- Reflects the grant of 139,543 options that vested in four equal annual installments beginning on March 11, 2016.
- Reflects the grant of 14,154 options that vested in three equal annual installments beginning on February 24, 2017.
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