| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ROAD | Class A Common Stock | Purchase | $312K | +15K | $20.83 | 15K | May 12, 2022 | By Frances Harper Trust | F1, F2, F3 | |
| transaction | ROAD | Class A Common Stock | Purchase | $316K | +15K | $21.05 | 15K | May 12, 2022 | By Family Trust | F1, F4, F5 | |
| holding | ROAD | Class A Common Stock | 250K | May 12, 2022 | Direct | F6 | |||||
| holding | ROAD | Class A Common Stock | 500 | May 12, 2022 | By spouse |
| Id | Content |
|---|---|
| F1 | This transaction may be deemed to be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with a previously reported sale transaction. The reporting person voluntarily disgorged any profits realized from such transactions to Construction Partners, Inc. (the "Issuer"). |
| F2 | The reported purchase price represents the weighted average purchase price for a number of transactions effected at prices ranging from $20.49 to $21.39, inclusive. The reporting person has provided to the Issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range. |
| F3 | The reported shares are held by a trust for which the reporting person serves as sole trustee, and in such capacity holds the sole power to vote and direct the disposition of such shares. |
| F4 | The reported purchase price represents the weighted average purchase price for a number of transactions effected at prices ranging from $20.73 to $21.20, inclusive. The reporting person has provided to the Issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range. |
| F5 | The reported shares are held by a trust for which the reporting person serves as co-trustee, and in such capacity shares the power to vote and direct the disposition of such shares. |
| F6 | Includes 57,833 restricted shares with time-based vesting criteria previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 3,263 shares in one-third increments on September 30, 2022, 2023 and 2024, (ii) 4,570 shares in one-fourth increments on September 30, 2022, 2023, 2024 and 2025, and (iii) 50,000 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. |