Kekin Ghelani - Sep 15, 2022 Form 4 Insider Report for Summit Materials, Inc. (SUM)

Role
Chief Strategy&Growth Officer
Signature
/s/ Christopher B Gaskill, as Attorney-in-Fact
Stock symbol
SUM
Transactions as of
Sep 15, 2022
Transactions value $
$0
Form type
4
Date filed
9/15/2022, 05:08 PM
Previous filing
May 19, 2022
Next filing
Feb 24, 2023

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 +29K $0.00 29K Sep 15, 2022 Class A Common Stock 29K 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 in three equal annual installments on September 15, 2023, February 28, 2024 and February 28, 2025.