Brian D. Frantz - Jan 12, 2024 Form 3 Insider Report for Summit Materials, Inc. (SUM)

Signature
/s/ David Hamm, as Attorney-in-Fact
Stock symbol
SUM
Transactions as of
Jan 12, 2024
Transactions value $
$0
Form type
3
Date filed
1/19/2024, 05:39 PM
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SUM Class A Common Stock 7K Jan 12, 2024 Direct F1

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
holding SUM Restricted Stock Units Jan 12, 2024 Class A Common Stock 1.97K Direct F2, F3
holding SUM Restricted Stock Units Jan 12, 2024 Class A Common Stock 2.57K Direct F3, F4
holding SUM Restricted Stock Units Jan 12, 2024 Class A Common Stock 4.12K Direct F3, F5
holding SUM Options (right to buy) Jan 12, 2024 Class A Common Stock 3.63K $23.89 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total holdings include shares of Class A Common Stock received pursuant to a stock dividend paid on December 29, 2022.
F2 These restricted stock units vest on February 28, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of 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.
F4 The Reporting Person was granted 3,855 restricted stock units that vest in three equal annual installments beginning on February 28, 2023.
F5 The Reporting Person was granted 4,117 restricted stock units that vest in three equal annual installments beginning on February 28, 2024.
F6 These options are fully vested.

Remarks:

Title: SVP, Chief Accounting Officer and Treasurer Exhibit 24 - Power of Attorney