Filing Details
- Accession Number:
- 0001104659-18-014208
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-01 21:03:25
- Reporting Period:
- 2018-02-27
- Accepted Time:
- 2018-03-01 21:03:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1635215 | Lee Anne Benedict | C/O Summit Materials, Inc. 1550 Wynkoop Street, 3Rd Floor Denver CO 80202 | See Remarks | 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 | Acquisiton | 2018-02-27 | 21,756 | $18.00 | 27,258 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2018-02-27 | 4,411 | $17.07 | 31,669 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2018-02-27 | 26,167 | $32.32 | 5,502 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2018-02-28 | 1,793 | $0.00 | 7,295 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2018-02-28 | 520 | $31.63 | 6,775 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | 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 | 2018-02-27 | 21,756 | $0.00 | 21,756 | $18.00 |
| Class A Common Stock | Options (right to buy) | Disposition | 2018-02-27 | 4,411 | $0.00 | 4,411 | $17.07 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2018-02-28 | 1,793 | $0.00 | 1,793 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2018-02-28 | 8,256 | $0.00 | 8,256 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 21,756 | 2025-03-11 | No | 4 | M | Direct | |
| 4,412 | 2026-02-24 | No | 4 | M | Direct | |
| 3,584 | No | 4 | M | Direct | ||
| 8,256 | No | 4 | A | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $32.16 to $32.43, 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 restricted stock units that upon vesting converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
- Reflects the grant of 43,512 options that vest in four equal annual installments beginning on March 11, 2016.
- Reflects the grant of 13,235 options that vest in three equal annual installments beginning on February 24, 2017.
- Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
- On February 28, 2017, the Reporting Person was granted 5,377 restricted stock units that vest in three equal annual installments beginning on February 28, 2018.
- These restricted stock units vest in three equal annual installments beginning on February 28, 2019.
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