| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ROAD | Class A Common Stock | Conversion of derivative security | $0 | +128K | $0.00 | 128K | Aug 14, 2024 | By AMDG Associates Limited Partnership | F1, F2 | |
| holding | ROAD | Class A Common Stock | 208K | Aug 14, 2024 | By SunTx Capital Partners II, L.P. | F3, F4 | |||||
| holding | ROAD | Class A Common Stock | 115K | Aug 14, 2024 | By SunTx Capital Partners II Dutch Investors, L.P. | F3, F5 | |||||
| holding | ROAD | Class A Common Stock | 30.7K | Aug 14, 2024 | Direct | F6, F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ROAD | Class B Common Stock | Conversion of derivative security | $0 | -128K | -24.21% | $0.00 | 401K | Aug 14, 2024 | Class A Common Stock | 128K | By AMDG Associates Limited Partnership | F1, F2, F8 | |
| holding | ROAD | Class B Common Stock | 2.61M | Aug 14, 2024 | Class A Common Stock | 2.61M | By SunTx Capital Partners II, L.P. | F3, F4, F8 | ||||||
| holding | ROAD | Class B Common Stock | 1.31M | Aug 14, 2024 | Class A Common Stock | 1.31M | By SunTx Capital Partners II Dutch Investors, L.P. | F3, F5, F8 | ||||||
| holding | ROAD | Class B Common Stock | 674 | Aug 14, 2024 | Class A Common Stock | 674 | By SunTx Capital II Management Corp. | F3, F8, F9 |
| Id | Content |
|---|---|
| F1 | 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 ("Class B common stock"), on a one-for-one basis into shares of Class A common stock, par value $0.001 per share ("Class A common stock"). |
| F2 | These securities of the Issuer are directly held by AMDG Associates Limited Partnership, a limited partnership controlled by the reporting person. The reporting person may be deemed to beneficially own securities of the Issuer held by such limited partnership. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. |
| F3 | The general partner of each of SunTx Capital Partners II, L.P. ("SunTx Partners II") and SunTx Capital Partners II Dutch Investors, L.P. ("SunTx Partners Dutch LP") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management Corp. ("SunTx Capital II Management"). The reporting person, a director of the Issuer, is a shareholder of SunTx Capital II Management. The reporting person may be deemed to beneficially own securities of the Issuer held by SunTx Partners II, SunTx Partners Dutch LP and SunTx Capital II Management. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose. |
| F4 | These securities of the Issuer are directly held by SunTx Partners II. |
| F5 | These securities of the Issuer are directly held by SunTx Partners Dutch LP. |
| F6 | Includes 5,667 restricted shares of Class A common stock of the Issuer granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan which will vest on January 1, 2025. |
| F7 | Securities held directly by the reporting person. |
| F8 | Each share of Class B common stock of the Issuer is convertible into one share of Class A common stock (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. |
| F9 | These securities of the Issuer are directly held by SunTx Capital II Management. |