Anne M. Cooney - Feb 22, 2023 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
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 05:16 PM
Previous filing
Feb 21, 2023
Next filing
Mar 16, 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 +4.04K $0.00 4.04K Feb 22, 2023 Class A Common Stock 4.04K 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, 2024. The Reporting Person has elected to defer settlement of these restricted stock units to a date following the vesting date pursuant to the terms of the Reporting Person's deferral election.