LANCE HOWARD L 4
4 · Summit Materials, Inc. · Filed Mar 1, 2023
Insider Transaction Report
Form 4
LANCE HOWARD L
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-28+3,815→ 12,325 total - Exercise/Conversion
Restricted Stock Units
2023-02-28−3,815→ 0 total→ Class A Common Stock (3,815 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]Total holdings include shares of Class A Common Stock received pursuant to a stock dividend paid on December 29, 2022.
- [F3]Each restricted stock unit represents a contingent right to receive one share of 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 Human Capital and Compensation Committee.
- [F4]On March 1, 2022, the Reporting Person was granted 3,815 restricted stock units that vested on February 28, 2023.