Anne P. Noonan - Feb 22, 2023 Form 4 Insider Report for Summit Materials, Inc. (SUM)

Role
President & CEO, Director
Signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact
Stock symbol
SUM
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 05:02 PM
Previous filing
Aug 29, 2022
Next filing
Mar 1, 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 +54.4K $0.00 54.4K Feb 22, 2023 Class A Common Stock 54.4K 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 beginning on February 28, 2024.