Ghelani Kekin 4
4 · Summit Materials, Inc. · Filed Sep 18, 2023
Insider Transaction Report
Form 4
Ghelani Kekin
Chief Strategy&Growth Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-15−9,667→ 19,334 total→ Class A Common Stock (9,667 underlying) - Exercise/Conversion
Class A Common Stock
2023-09-15+9,667→ 10,656 total - Tax Payment
Class A Common Stock
2023-09-15$32.00/sh−2,780$88,960→ 7,876 total
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]Includes 989 shares acquired through the Issuer's Employee Stock Purchase Plan on 5/28/23.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the 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 Human Capital and Compensation Committee.
- [F4]These restricted stock units vest in three equal annual installments on September 15, 2023, February 28, 2024 and February 28, 2025.