Filing Details
- Accession Number:
- 0000899243-16-025448
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-21 18:07:08
- Reporting Period:
- 2016-07-19
- Filing Date:
- 2016-07-21
- Accepted Time:
- 2016-07-21 18:07:08
- 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 |
|---|---|---|---|---|---|---|---|
| 1070844 | A Stephen Schwarzman | C/O The Blackstone Group L.p. 345 Park Avenue New York NY 10154 | No | No | Yes | No | |
| 1393818 | L.p. Group Blackstone | 345 Park Avenue New York NY 10154 | No | No | Yes | No | |
| 1404071 | L.l.c. Management Group Blackstone | C/O The Blackstone Group L.p. 345 Park Avenue New York NY 10154 | No | No | Yes | No | |
| 1464695 | Blackstone Holdings I/Ii Gp Inc | C/O The Blackstone Group L.p. 345 Park Avenue New York NY 10154 | No | No | Yes | No | |
| 1484870 | L.p. Ii Holdings Blackstone | C/O The Blackstone Group L.p. 345 Park Avenue New York NY 10154 | No | 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 | Acquisiton | 2016-07-19 | 9,907,459 | $0.00 | 9,907,459 | No | 4 | C | Indirect | See Footnotes |
| Class A Common Stock | Disposition | 2016-07-19 | 9,907,459 | $20.67 | 0 | No | 4 | S | Indirect | See Footnotes |
| Class A Common Stock | Acquisiton | 2016-07-19 | 2,088,574 | $0.00 | 2,088,574 | No | 4 | C | Indirect | See Footnotes |
| Class A Common Stock | Disposition | 2016-07-19 | 2,088,574 | $20.67 | 0 | No | 4 | S | Indirect | See Footnotes |
| Class A Common Stock | Acquisiton | 2016-07-19 | 188,427 | $0.00 | 188,427 | No | 4 | C | Indirect | See Footnotes |
| Class A Common Stock | Disposition | 2016-07-19 | 188,427 | $20.67 | 0 | No | 4 | S | Indirect | See Footnotes |
| Class A Common Stock | Acquisiton | 2016-07-19 | 15,966 | $0.00 | 15,966 | No | 4 | C | Indirect | See Footnotes |
| Class A Common Stock | Disposition | 2016-07-19 | 15,966 | $20.67 | 0 | No | 4 | S | Indirect | See Footnotes |
| Class A Common Stock | Acquisiton | 2016-07-19 | 9,278 | $0.00 | 9,278 | No | 4 | C | Indirect | See Footnotes |
| Class A Common Stock | Disposition | 2016-07-19 | 9,278 | $20.67 | 0 | No | 4 | S | Indirect | See Footnotes |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
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 | 2016-07-19 | 9,907,459 | $0.00 | 9,907,459 | $0.00 |
| Class A Common Stock | LP Units of Summit Materials Holdings L.P. | Disposition | 2016-07-19 | 2,088,574 | $0.00 | 2,088,574 | $0.00 |
| Class A Common Stock | LP Units of Summit Materials Holdings L.P. | Disposition | 2016-07-19 | 188,427 | $0.00 | 188,427 | $0.00 |
| Class A Common Stock | LP Units of Summit Materials Holdings L.P. | Disposition | 2016-07-19 | 15,966 | $0.00 | 15,966 | $0.00 |
| Class A Common Stock | LP Units of Summit Materials Holdings L.P. | Disposition | 2016-07-19 | 9,278 | $0.00 | 9,278 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 13,349,610 | No | 4 | C | Indirect | ||
| 2,814,207 | No | 4 | C | Indirect | ||
| 253,891 | No | 4 | C | Indirect | ||
| 21,513 | No | 4 | C | Indirect | ||
| 12,501 | No | 4 | C | Indirect |
Footnotes
- Pursuant to the terms of an exchange agreement, dated as of March 11, 2015, limited partnership units of Summit Materials Holdings L.P. ("LP Units") held by the Reporting Persons are exchangeable for shares of the issuer's Class A common stock ("Common Stock") on a one-for-one basis.
- This amount represents the $20.75 public offering price per share of Common Stock, less the underwriting discount of $0.08 per share of Common Stock.
- Reflects securities of the issuer held directly by Blackstone Capital Partners (Delaware) V-NQ L.P.
- Reflects securities of the issuer held directly by Blackstone Capital Partners (Delaware) NQ V-AC L.P.
- Reflects securities of the issuer held directly by Summit BCP Intermediate Holdings L.P. The general partner of Summit BCP Intermediate Holdings L.P. is Summit BCP Intermediate Holdings GP, Ltd. Summit BCP Intermediate Holdings GP, Ltd. is owned by Blackstone Capital Partners (Delaware) V-NQ L.P., Blackstone Capital Partners (Delaware) NQ V-AC L.P., Blackstone Family Investment Partnership (Delaware) V-NQ L.P. and Blackstone Participation Partnership (Delaware) V-NQ L.P.
- Reflects securities of the issuer held directly by Blackstone Family Investment Partnership (Delaware) V-NQ L.P.
- Reflects securities of the issuer held directly by Blackstone Participation Partnership (Delaware) V-NQ L.P. (collectively with Blackstone Capital Partners (Delaware) V-NQ L.P., Blackstone Capital Partners (Delaware) NQ V-AC L.P., Summit BCP Intermediate Holdings L.P. and Blackstone Family Investment Partnership (Delaware) V-NQ L.P., the "Blackstone Funds").
- The general partner of each of Blackstone Capital Partners (Delaware) V-NQ L.P. and Blackstone Capital Partners (Delaware) NQ V-AC L.P. is Blackstone Management Associates (Cayman) V-NQ L.P. The general partners of each of Blackstone Management Associates (Cayman) V-NQ L.P., Blackstone Family Investment Partnership (Delaware) V-NQ L.P. and Blackstone Participation Partnership (Delaware) V-NQ L.P. are Blackstone LR Associates (Cayman) V-NQ Ltd. and BCP V-NQ GP L.L.C.
- Blackstone Holdings II L.P. is the sole member of BCP V-NQ GP L.L.C. and the controlling shareholder of Blackstone LR Associates (Cayman) V-NQ Ltd. The general partner of Blackstone Holdings II L.P. is Blackstone Holdings I/II GP Inc. The sole shareholder of Blackstone Holdings I/II GP Inc. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
- Due to the limitations of the electronic filing system Blackstone Capital Partners (Delaware) V-NQ L.P., Blackstone Capital Partners (Delaware) NQ V-AC L.P., Summit BCP Intermediate Holdings L.P., Summit BCP Intermediate Holdings GP, Ltd., Blackstone Family Investment Partnership (Delaware) V-NQ L.P., Blackstone Participation Partnership (Delaware) V-NQ L.P., Blackstone Management Associates (Cayman) V-NQ L.P., BCP V-NQ GP L.L.C. and Blackstone LR Associates (Cayman) V-NQ Ltd. are filing a separate Form 4.
- Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
- Each of the Reporting Persons (other than the Blackstone Funds to the extent they directly hold securities reported herein), disclaims beneficial ownership of the securities held by the Blackstone Funds, except to the extent of such Reporting Person's pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than the Blackstone Funds to the extent they directly hold securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
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