John L. Harper - 21 Dec 2021 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Role: Senior Vice President
Signature: /s/ R. Alan Palmer, attorney-in-fact
Issuer symbol: ROAD
Transactions as of: 21 Dec 2021
Net transactions value: -$20,244
Form type: 4
Filing time: 22 Dec 2021, 16:02:02 UTC
Previous filing: 22 Oct 2021
Next filing: 03 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ROAD	Class A Common Stock	Sale	$20,244	-700	-0.28%	$28.92	245,508	21 Dec 2021	Direct	F1
holding	ROAD	Class A Common Stock						500	21 Dec 2021	By spouse

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 53,263 restricted shares of Class A common stock with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan. Of such shares, (i) a remaining award of 3,263 shares vests in equal installments on September 30, 2022, 2023 and 2024 and (ii) an award of 50,000 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.

Content

Includes 53,263 restricted shares of Class A common stock with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan. Of such shares, (i) a remaining award of 3,263 shares vests in equal installments on September 30, 2022, 2023 and 2024 and (ii) an award of 50,000 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.