Filing Details
- Accession Number:
- 0001104659-19-066338
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-21 19:26:06
- Reporting Period:
- 2019-11-19
- Accepted Time:
- 2019-11-21 19:26:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1635271 | James Brian Harris | C/O Summit Materials, Inc. 1550 Wynkoop Street, 3Rd Floor Denver CO 80202 | Evp & Chief Financial Officer | 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 | 2019-11-19 | 30,000 | $23.75 | 0 | No | 4 | S | Indirect | See Footnote |
| Class A Common Stock | Acquisiton | 2019-11-20 | 101,200 | $18.00 | 187,666 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-20 | 131,560 | $18.00 | 319,226 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-20 | 28,395 | $17.07 | 347,621 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2019-11-20 | 261,155 | $24.14 | 86,466 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See Footnote |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | 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 | 2019-11-20 | 101,200 | $0.00 | 101,200 | $18.00 |
| Class A Common Stock | Options (right to buy) | Disposition | 2019-11-20 | 131,560 | $0.00 | 131,560 | $18.00 |
| Class A Common Stock | Options (right to buy) | Disposition | 2019-11-20 | 28,395 | $0.00 | 28,395 | $17.07 |
| 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 |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.75 to $23.77, 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 securities held by trusts for the benefit of Mr. Harris' family, for which Mr. Harris' spouse serves as trustee.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.10 to $24.26, 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.
- Reflects the grant of 101,200 options that vested in four equal annual installments beginning on March 11, 2016.
- Reflects the grant of 131,560 options that vested in four equal annual installments beginning on March 11, 2016.
- Reflects the grant of 28,395 options that vested in three equal annual installments beginning on February 24, 2017.
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