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Filing Details

Accession Number:: 0001718227-20-000068
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-18 17:25:57
Reporting Period:: 2020-08-14

Accepted Time:: 2020-08-18 17:25:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1718227	Construction Partners Inc.	ROAD	Heavy Construction Other Than Bldg Const - Contractors (1600)	260758017

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1739211	E Charles Owens	290 Healthwest Drive Suite 2 Dothan AL 36303	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2020-08-14	84,454	$19.75	253,559	No	4	S	Indirect	By trust
Class A Common Stock	Disposition	2020-08-17	52,259	$20.08	201,300	No	4	S	Indirect	By trust
Class A Common Stock	Disposition	2020-08-18	58,683	$19.67	142,617	No	4	S	Indirect	By trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By trust
No	4	S	Indirect	By trust
No	4	S	Indirect	By trust

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			1,250,000	1,250,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	1,250,000	1,250,000	Indirect

Footnotes

The reported transaction was effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2020.
The reported sale price represents the weighted average sales price for a number of transactions effected at prices ranging from $19.44 to $20.21. The reporting person has provided to Construction Partners, Inc. (the "Issuer"), and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range.
The reported shares are held by a trust for which the reporting person serves as sole trustee, and in such capacity holds the sole power to vote and direct the disposition of such shares.
The reported sale price represents the weighted average sales price for a number of transactions effected at prices ranging from $19.58 to $20.45. The reporting person has provided to the Issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range.
The reported sale price represents the weighted average sales price for a number of transactions effected at prices ranging from $19.39 to $20.25. The reporting person has provided to the Issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range.
Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock, par value $0.001 per share ("Class A common stock") of the Issuer (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.
The reported shares are held by Grace, Ltd., an Alabama limited partnership, for which the reporting person serves as general partner, and in such capacity holds the sole power to vote and direct the disposition of such shares.