Home/Filings/4/0001718227-20-000044
4//SEC Filing

Grace Ltd. 4

Accession 0001718227-20-000044

CIK 0001718227other

Filed

May 11, 8:00 PM ET

Accepted

May 12, 5:35 PM ET

Size

6.7 KB

Accession

0001718227-20-000044

Insider Transaction Report

Form 4
Period: 2020-05-08
Grace Ltd.
10% Owner
Transactions
  • Other

    Class B Common Stock

    2020-05-081,250,0481,250,000 total
    Class A Common Stock (1,250,048 underlying)
Footnotes (2)
  • [F1]Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of Construction Partners, Inc. (the "Issuer") is convertible into one share of Class A common stock, par value $0.001 per share ("Class A common stock") of the Issuer (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The 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. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.
  • [F2]On May 8, 2020, Grace, Ltd. distributed, for no consideration, 1,250,048 shares of Class B common stock to certain of its limited partners, in amounts representing each such partner's pro rata interest in the shares of Class B common stock held by Grace, Ltd. at the time of the distribution.

Issuer

Construction Partners, Inc.

CIK 0001718227

Entity typeother
IncorporatedAL

Related Parties

1
  • filerCIK 0001739559

Filing Metadata

Form type
4
Filed
May 11, 8:00 PM ET
Accepted
May 12, 5:35 PM ET
Size
6.7 KB