Filing Details
- Accession Number:
- 0001104659-17-030754
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-08 18:09:56
- Reporting Period:
- 2017-05-04
- Filing Date:
- 2017-05-08
- Accepted Time:
- 2017-05-08 18:09:56
- 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 |
---|---|---|---|---|---|---|---|
1228680 | A Ted Gardner | 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 | 2017-05-04 | 57,555 | $18.00 | 57,555 | No | 4 | M | Indirect | See Footnote |
Class A Common Stock | Disposition | 2017-05-04 | 36,211 | $28.61 | 21,344 | No | 4 | F | Indirect | See Footnote |
Class A Common Stock | Disposition | 2017-05-05 | 21,344 | $28.04 | 0 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Indirect | See Footnote |
No | 4 | F | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Warrants | Disposition | 2017-05-04 | 57,555 | $0.00 | 57,555 | $18.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2025-03-11 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 6,414 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Warrants | $18.00 | 2025-03-11 | 27,408 | 27,408 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-03-11 | 27,408 | 27,408 | Indirect |
Footnotes
- Reflects securities held by certain investment funds affiliated with Silverhawk Summit, L.P. ("Silverhawk"). Mr. Gardner, a managing partner and co-founder of Silverhawk, may be deemed to have beneficial ownership of the securities of the Issuer held by Silverhawk.
- On May 4, 2017, the Reporting Person exercised warrants to purchase 57,555 shares of Class A Common Stock for $18.00 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding 36,211 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 21,344 shares.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $28.03 to $28.07, 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.
- These warrants are fully exercisable.
- Reflects securities held by a limited liability company controlled by Mr. Gardner.