Gregory A. Hoffman - 29 Dec 2021 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Role: Senior VP, Finance
Signature: /s/ R. Alan Palmer, attorney-in-fact
Issuer symbol: ROAD
Transactions as of: 29 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2022, 09:54:31 UTC
Previous filing: 22 Oct 2021
Next filing: 04 Nov 2022
SEC: View on sec.gov

Quoteable Key Fact

"Gregory A. Hoffman filed Form 4 for Construction Partners, Inc. (ROAD) on 03 Jan 2022."

Quick Takeaways

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.
Filing timestamp: 03 Jan 2022, 09:54.

What Changed

Previous filing in this sequence was filed on 22 Oct 2021.
Current net transaction value: $0.

Why This Matters

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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

ROAD transaction

Class A Common Stock

Award

Transaction value: $0
Shares: +3,150
Change %: +9.5%
Price: $0.000000
Shares after: 36,253
Date: 29 Dec 2021
Ownership: Direct
Footnotes: F1, F2

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

Explanation of Responses:

Id	Content
F1	The reported transaction represents a grant of restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Company") with time-based vesting criteria under the Company's 2018 Equity Incentive Plan (the "Equity Incentive Plan"). The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2022, 2023, 2024 and 2025. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.
F2	Includes 35,400 restricted shares of Class A common stock with time-based vesting criteria granted under the Equity Incentive Plan that vest as follows: (i) 2,250 shares in one-third increments on September 30, 2022, 2023 and 2024, (ii) 3,150 shares in one-fourth increments on September 30, 2022, 2023, 2024 and 2025, and (iii) 30,000 shares in one-half increments 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

The reported transaction represents a grant of restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Company") with time-based vesting criteria under the Company's 2018 Equity Incentive Plan (the "Equity Incentive Plan"). The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2022, 2023, 2024 and 2025. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.

Includes 35,400 restricted shares of Class A common stock with time-based vesting criteria granted under the Equity Incentive Plan that vest as follows: (i) 2,250 shares in one-third increments on September 30, 2022, 2023 and 2024, (ii) 3,150 shares in one-fourth increments on September 30, 2022, 2023, 2024 and 2025, and (iii) 30,000 shares in one-half increments 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.