Filing Details

Accession Number:
0000899243-21-012870
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-22 17:41:05
Reporting Period:
2021-03-18
Accepted Time:
2021-03-22 17:41:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1718227 Construction Partners Inc. ROAD () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1208091 P L Partners Capital Suntx 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes No
1702326 Suntx Fulcrum Fund Prime, L.p. 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes No
1707712 Iii N Ned Fleming 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes No
1711005 Suntx Fulcrum Dutch Investors Prime, L.p. 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes No
1739134 R Mark Matteson 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes No
1739383 Craig Jennings 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes No
1739424 Suntx Capital Management Corp. 5420 Lbj Freeway, Suite 1000
Dallas TX 75240
Yes No Yes 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 2021-03-18 1,294,960 $30.85 194,244 No 4 S Indirect By SunTx Fulcrum Fund Prime, L.P.
Class A Common Stock Disposition 2021-03-18 705,040 $30.85 105,756 No 4 S Indirect By SunTx Fulcrum Dutch Investors Prime, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By SunTx Fulcrum Fund Prime, L.P.
No 4 S Indirect By SunTx Fulcrum Dutch Investors Prime, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 428,817 Indirect By SunTx Capital Partners II, LP
Class A Common Stock 234,247 Indirect By SunTx Capital Partners II Dutch Investors, LP
Class A Common Stock 114,575 Direct
Class A Common Stock 4,000 Indirect By spouse of Ned N. Fleming, III
Class A Common Stock 38,192 Direct
Class A Common Stock 39,192 Direct
Footnotes
  1. The sales price of these shares of Class A common stock, par value $0.001 ("Class A Common Stock"), of Construction Partners, Inc. (the "Issuer") takes into account the $0.40 per share amount of underwriting discounts and commissions for these sales to the underwriters of the public offering of Class A Common Stock.
  2. These securities of the Issuer are directly held by SunTx Fulcrum Fund Prime, L.P. ("SunTx Fulcrum Fund"). The general partner of SunTx Fulcrum Fund is SunTx Capital Partners L.P. ("SunTx Partners GP").
  3. These securities of the Issuer are directly held by SunTx Fulcrum Dutch Investors Prime, L.P. ("SunTx Fulcrum Dutch Fund"). The general partner of SunTx Fulcrum Dutch Fund is SunTx Partners GP.
  4. The general partner of SunTx Partners GP is SunTx Capital Management Corp. ("SunTx Capital Management"). Ned N. Fleming, III, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management. Craig Jennings and Mark R. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management. Each of SunTx Partners GP, SunTx Capital Management, Mr. Fleming, Mr. Jennings and Mr. Matteson may be deemed to beneficially own securities of the Issuer held by certain of the SunTx Funds (defined below). Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  5. These securities of the Issuer are directly held by SunTx Capital Partners II, LP ("SunTx Partners II"). The general partner of SunTx Partners II is SunTx Capital Partners II GP, LP ("SunTx Partners II GP").
  6. These securities of the Issuer are directly held by SunTx Capital Partners II Dutch Investors, LP ("SunTx Partners Dutch LP," and together with SunTx Fulcrum Fund, SunTx Fulcrum Dutch Fund and SunTx Partners II, the "SunTx Funds"). The general partner of SunTx Partners Dutch LP is SunTx Partners II GP.
  7. The general partner of SunTx Partners II GP is SunTx Capital II Management Corp. ("SunTx Capital II Management"). Mr. Fleming is the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are shareholders of SunTx Capital II Management. Each of SunTx Partners II GP, SunTx Capital II Management, Mr. Fleming, Mr. Jennings and Mr. Matteson may be deemed to beneficially own securities of the Issuer held by certain of the SunTx Funds. Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  8. Includes 38,192 restricted shares of Class A Common Stock of the Issuer granted to Ned N. Fleming, III under the Construction Partners, Inc. 2018 Equity Incentive Plan that will vest on January 1, 2022.
  9. Includes 12,731 restricted shares of Class A Common Stock of the Issuer granted to Craig Jennings under the Construction Partners, Inc. 2018 Equity Incentive Plan that will vest on January 1, 2022.
  10. Includes 12,731 restricted shares of Class A Common Stock of the Issuer granted to Mark R. Matteson under the Construction Partners, Inc. 2018 Equity Incentive that will vest on January 1, 2022.
  11. Securities held directly by Ned N. Fleming, III.
  12. Securities held directly by Craig Jennings.
  13. Securities held directly by Mark R. Matteson.