Gregory A. Hoffman - 20 Oct 2021 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Oct 2021, 13:15:31 UTC
Prior SEC filing
14 May 2021
Next SEC filing
03 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ R. Alan Palmer, attorney-in-fact

Key filing fact

Gregory A. Hoffman filed Form 4 for Construction Partners, Inc. (ROAD) on 22 Oct 2021.

Key facts

  • This page summarizes Gregory A. Hoffman's Form 4 filing for Construction Partners, Inc. (ROAD).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Oct 2021, 13:15.

Change

  • Previous filing in this sequence was filed on 14 May 2021.
  • Current net transaction value: -$6,574.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ROAD transaction

Class A Common Stock

Tax liability

Transaction value
$6,574
Shares
-197
Change %
-0.59%
Price
$33.37
Shares after
33,103
Date
20 Oct 2021
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of an award of restricted Class A common stock. Pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "2018 Equity Incentive Plan") and the applicable award agreement, the number of shares withheld was determined using a value of $33.37 per share, based on the closing price for a share of Class A common stock on September 30, 2021, the vesting date.

Footnote F2

Includes 32,250 restricted shares of Class A common stock with time-based vesting criteria previously granted to the reporting person under the 2018 Equity Incentive Plan. Of such shares, (i) a remaining award of 2,250 shares vests in equal installments on September 30, 2022, 2023 and 2024 and (ii) an award of 30,000 shares vests in one-half installments on September 30, 2024 and 2025. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

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