Filing Details

Accession Number:
0001104659-21-082174
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-16 20:38:15
Reporting Period:
2021-06-14
Accepted Time:
2021-06-16 20:38:15
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
1220679 L Howard Lance 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 2021-06-14 90,000 $0.00 93,994 No 4 C Direct
Class A Common Stock Acquisiton 2021-06-14 82,500 $18.00 176,494 No 4 M Direct
Class A Common Stock Disposition 2021-06-14 82,500 $34.30 93,994 No 4 S Direct
Class A Common Stock Acquisiton 2021-06-15 82,500 $18.00 176,494 No 4 M Direct
Class A Common Stock Disposition 2021-06-15 82,500 $34.53 93,994 No 4 S Direct
Class A Common Stock Disposition 2021-06-16 90,000 $34.33 3,994 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 LP Units of Summit Materials Holdings L.P. Disposition 2021-06-14 90,000 $0.00 90,000 $0.00
Class A Common Stock Options (right to buy) Disposition 2021-06-14 82,500 $0.00 82,500 $0.00
Class A Common Stock Options (right to buy) Disposition 2021-06-15 82,500 $0.00 82,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
45,772 No 4 C Direct
164,111 2025-03-11 No 4 M Direct
81,611 2025-03-11 No 4 M Direct
Footnotes
  1. 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $34.03 to $34.47, 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 Reporting Person remains within compliance of the Issuer's equity ownership guidelines.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $34.36 to $34.75, 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 Reporting Person remains within compliance of the Issuer's equity ownership guidelines.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $34.02 to $34.54, 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 Reporting Person remains within compliance of the Issuer's equity ownership guidelines.
  5. These options are fully vested.