Howard L. Lance - Mar 1, 2022 Form 4 Insider Report for Summit Materials, Inc. (SUM)

Role
Director
Signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact
Stock symbol
SUM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 03:25 PM
Previous filing
Mar 1, 2022
Next filing
Apr 27, 2022

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 Award $0 +3.82K $0.00 3.82K Mar 1, 2022 Class A Common Stock 3.82K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer ("Class A Common Stock"). The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's Human Capital and Compensation Committee.
F2 These restricted stock units vest on February 28, 2023.