Susan A. Ellerbusch - 22 Feb 2023 Form 4 Insider Report for Summit Materials, Inc.

Role
Director
Signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 17:17:04 UTC
Previous filing
03 Mar 2022
Next filing
18 Oct 2023
SEC
View on sec.gov

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 +4,038 $0.000000 4,038 22 Feb 2023 Class A Common Stock 4,038 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.