Palmer Royce Alan 4
4 · Construction Partners, Inc. · Filed Apr 29, 2020
Insider Transaction Report
Form 4
Palmer Royce Alan
See Remarks
Transactions
- Sale
Class A Common Stock
2020-04-28$18.06/sh−46,164$833,722→ 35,174 total - Gift
Class A Common Stock
2020-04-27−6,000→ 95,500 total - Sale
Class A Common Stock
2020-04-27$17.55/sh−14,162$248,543→ 81,338 total - Sale
Class A Common Stock
2020-04-29$18.64/sh−6,318$117,768→ 15,500 total - Sale
Class A Common Stock
2020-04-28$18.63/sh−13,356$248,822→ 21,818 total
Holdings
- 140,209
Class B Common Stock
→ Class A Common Stock (140,209 underlying)
Footnotes (6)
- [F1]These sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2020.
- [F2]Represents the weighted average sales price for a number of transactions effected at prices ranging from $17.50 to $17.71. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
- [F3]Represents the weighted average sales price for a number of transactions effected at prices ranging from $17.56 to $18.56. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
- [F4]Represents the weighted average sales price for a number of transactions effected at prices ranging from $18.57 to $18.88. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
- [F5]Represents the weighted average sales price for a number of transactions effected at prices ranging from $18.50 to $18.94. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
- [F6]As permitted by the amended and restated certificate of incorporation of Construction Partners, Inc. (the "Issuer"), the reporting person has elected to convert the reported number of shares of Class B common stock, par value $0.001 per share, of the Issuer ("Class B Common Stock") on a one-for-one basis into shares of Class A common stock, par value $0.001 per share, of the Issuer ("Class A Common Stock"). Holders of Class A Common Stock and Class B Common Stock vote as a single class on all matters submitted to a vote of stockholders. Holders of Class A Common Stock are entitled to one vote per share, and holders of the Class B Common Stock are entitled to 10 votes per share. The shares of Class B Common Stock do not expire and are convertible on a cashless basis into shares of Class A Common Stock at any time upon the election of the holder thereof.