Home/Filings/4/0001718227-23-000068
4//SEC Filing

Harper John L 4

Accession 0001718227-23-000068

CIK 0001718227other

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 4:04 PM ET

Size

8.2 KB

Accession

0001718227-23-000068

Insider Transaction Report

Form 4
Period: 2023-10-02
Harper John L
Senior Vice President
Transactions
  • Tax Payment

    Class A Common Stock

    2023-10-02$36.56/sh1,025$37,474137,096 total
Holdings
  • Class A Common Stock

    (indirect: By Spouse)
    1,000
  • Class A Common Stock

    (indirect: By Trust)
    15,000
  • Class A Common Stock

    (indirect: By Trust)
    15,000
Footnotes (4)
  • [F1]Represents shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of an award of restricted Class A common stock. Pursuant to the Equity Incentive Plan and the applicable award agreement, the number of shares withheld was determined using a value of $36.56 per share, based on the closing price for a share of Class A common stock on September 29, 2023, the last trading day prior to the vesting date.
  • [F2]Includes 57,138 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 28,485 shares on September 30, 2024, (ii) 27,398 shares on September 30, 2025, and (iii) 1,255 shares on September 30, 2026. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.
  • [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 shares are held by a trust for which the reporting person serves as co-trustee, and in such capacity shares the power to vote and direct the disposition of such shares.

Issuer

Construction Partners, Inc.

CIK 0001718227

Entity typeother

Related Parties

1
  • filerCIK 0001739438

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 4:04 PM ET
Size
8.2 KB