Beck Thomas A. 4
4 · Summit Materials, Inc. · Filed Mar 1, 2018
Insider Transaction Report
Form 4
Beck Thomas A.
See Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2018-02-28+1,778→ 3,438 total - Award
Restricted Stock Units
2018-02-28+8,111→ 8,111 total→ Class A Common Stock (8,111 underlying) - Tax Payment
Class A Common Stock
2018-02-28$31.63/sh−524$16,574→ 2,914 total - Exercise/Conversion
Restricted Stock Units
2018-02-28−1,778→ 3,556 total→ Class A Common Stock (1,778 underlying)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]On February 28, 2017, the Reporting Person was granted 5,334 restricted stock units that vest in three equal annual installments beginning on February 28, 2018.
- [F4]These restricted stock units vest in three equal annual installments beginning on February 28, 2019.