Noonan Anne P 4
4 · Summit Materials, Inc. · Filed Feb 10, 2025
Insider Transaction Report
Form 4
Noonan Anne P
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Class A Common Stock
2025-02-10$52.50/sh−362,421$19,027,103→ 0 total - Disposition to Issuer
Performance Stock Units
2025-02-10−71,479→ 0 total→ Class A Common Stock (71,479 underlying) - Disposition to Issuer
Performance Stock Units
2025-02-10−54,364→ 0 total→ Class A Common Stock (54,364 underlying) - Disposition to Issuer
Restricted Stock Units
2025-02-10−102,182→ 0 total→ Class A Common Stock (102,182 underlying)
Footnotes (1)
- [F1]At or immediately prior to the effective time of the transactions contemplated by the Agreement and Plan of Merger, dated November 24, 2024, by and among Summit Materials, Inc., Quikrete Holdings, Inc., and Soar Subsidiary, Inc., (i) each share of Class A common stock of the issuer held by the reporting person was canceled, retired and converted into the right to receive $52.50 in cash (the "Merger Consideration"), (ii) each restricted stock unit held by the reporting person was fully vested, canceled and converted into the right to receive the Merger Consideration and (iii) each performance stock unit award held by the reporting person was vested based on target performance, canceled and converted into the right to receive the Merger Consideration.