4//SEC Filing
Owens Charles E 4
Accession 0001718227-20-000068
CIK 0001718227other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 5:25 PM ET
Size
12.3 KB
Accession
0001718227-20-000068
Insider Transaction Report
Form 4
Owens Charles E
DirectorSee Remarks
Transactions
- Sale
Class A Common Stock
2020-08-14$19.75/sh−84,454$1,667,967→ 253,559 total(indirect: By Trust) - Sale
Class A Common Stock
2020-08-18$19.67/sh−58,683$1,154,295→ 142,617 total(indirect: By Trust) - Sale
Class A Common Stock
2020-08-17$20.08/sh−52,259$1,049,361→ 201,300 total(indirect: By Trust)
Holdings
- 1,250,000(indirect: By Grace, Ltd.)
Class B Common Stock
→ Class A Common Stock (1,250,000 underlying)
Footnotes (7)
- [F1]The reported transaction was effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2020.
- [F2]The reported sale price represents the weighted average sales price for a number of transactions effected at prices ranging from $19.44 to $20.21. The reporting person has provided to Construction Partners, Inc. (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]The reported shares are held by a trust for which the reporting person serves as sole trustee, and in such capacity holds the sole power to vote and direct the disposition of such shares.
- [F4]The reported sale price represents the weighted average sales price for a number of transactions effected at prices ranging from $19.58 to $20.45. 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]The reported sale price represents the weighted average sales price for a number of transactions effected at prices ranging from $19.39 to $20.25. 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]Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of 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.
- [F7]The reported shares are held by Grace, Ltd., an Alabama limited partnership, for which the reporting person serves as general partner, and in such capacity holds the sole power to vote and direct the disposition of such shares.
Documents
Issuer
Construction Partners, Inc.
CIK 0001718227
Entity typeother
Related Parties
1- filerCIK 0001739211
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 5:25 PM ET
- Size
- 12.3 KB