Beck Thomas A. 4
4 · Summit Materials, Inc. · Filed Feb 26, 2019
Insider Transaction Report
Form 4
Beck Thomas A.
See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-02-24−2,544→ 0 total→ Class A Common Stock (2,544 underlying) - Exercise/Conversion
Class A Common Stock
2019-02-24+2,544→ 15,458 total - Tax Payment
Class A Common Stock
2019-02-24$17.54/sh−907$15,909→ 14,551 total
Footnotes (3)
- [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 Class A Common Stock. The restricted stock units settle in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
- [F3]On February 24, 2016, the Reporting Person was granted 7,631 restricted stock units that vest in three equal annual installments beginning on February 24, 2017.