Loomes David 4
4 · Summit Materials, Inc. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
Loomes David
EVP, Cement
Transactions
- Exercise/Conversion
Class A Common Stock
2024-02-29+2,589→ 19,437 total - Exercise/Conversion
Restricted Stock Units
2024-02-29−2,703→ 0 total→ Class A Common Stock (2,703 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-29−2,250→ 2,250 total→ Class A Common Stock (2,250 underlying) - Exercise/Conversion
Class A Common Stock
2024-02-29+2,703→ 14,598 total - Exercise/Conversion
Class A Common Stock
2024-02-29+2,250→ 16,848 total - Tax Payment
Class A Common Stock
2024-02-29$42.71/sh−2,295$98,019→ 17,142 total - Exercise/Conversion
Restricted Stock Units
2024-02-29−2,589→ 5,177 total→ Class A Common Stock (2,589 underlying)
Footnotes (7)
- [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]Total holdings include shares of Class A Common Stock acquired through the Issuer's Employee Stock Purchase Plan on October 18, 2022, May 28, 2023 and November 30, 2023.
- [F4]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.
- [F5]These restricted stock units vested on February 29, 2024.
- [F6]The Reporting Person was granted 6,750 restricted stock units that vest in three equal annual installments beginning on February 28, 2023.
- [F7]The Reporting Person was granted 7,766 restricted stock units that vest in three equal annual installments beginning on February 29, 2024.