Christopher Burke Gaskill - 10 Feb 2025 Form 4 Insider Report for Summit Materials, Inc.

Signature
s/ Christopher B. Gaskill
Issuer symbol
N/A
Transactions as of
10 Feb 2025
Net transactions value
-$2,346,382
Form type
4
Filing time
10 Feb 2025, 17:32:59 UTC
Previous filing
17 Jan 2025
Next filing
19 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUM Class A Common Stock Disposed to Issuer $2,346,382 -44,693 -100% $52.50 0 10 Feb 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SUM Restricted Stock Units Disposed to Issuer -2,696 -100% 0 10 Feb 2025 Class A Common Stock 2,696 Direct F1
transaction SUM Restricted Stock Units Disposed to Issuer -5,708 -100% 0 10 Feb 2025 Class A Common Stock 5,708 Direct F1
transaction SUM Restricted Stock Units Disposed to Issuer -13,589 -100% 0 10 Feb 2025 Class A Common Stock 13,589 Direct F1
transaction SUM Restricted Stock Units Disposed to Issuer -15,289 -100% 0 10 Feb 2025 Class A Common Stock 15,289 Direct F1
transaction SUM Performance Stock Units Disposed to Issuer -8,562 -100% 0 10 Feb 2025 Class A Common Stock 8,562 Direct F1
transaction SUM Performance Stock Units Disposed to Issuer -13,589 -100% 0 10 Feb 2025 Class A Common Stock 13,589 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Christopher Burke Gaskill is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 At or immediately prior to the effective time of the transactions contemplated by the Agreement and Plan of Merger, dated November 24, 2024, by and among Summit Materials, Inc., Quikrete Holdings, Inc., and Soar Subsidiary, Inc., (i) each share of Class A common stock of the issuer held by the reporting person was canceled, retired and converted into the right to receive $52.50 in cash (the "Merger Consideration"), (ii) each restricted stock unit held by the reporting person was fully vested, canceled and converted into the right to receive the Merger Consideration and (iii) each performance stock unit award held by the reporting person was vested based on target performance, canceled and converted into the right to receive the Merger Consideration.

Remarks:

Title: EVP, Chief Legal Officer and Secretary