Gregory A. Hoffman - Nov 3, 2022 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Role: Senior VP, Finance
Signature: /s/ Gregory A. Hoffman
Stock symbol: ROAD
Transactions as of: Nov 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/4/2022, 04:36 PM
Previous filing: Jan 3, 2022
Next filing: Dec 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ROAD	Class A Common Stock	Award	$0	+3.52K	+9.7%	$0.00	39.8K	Nov 3, 2022	Direct	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 "Issuer") with time-based vesting criteria under the Issuer'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, 2023, 2024, 2025 and 2026. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.
F2	Includes 37,380 restricted shares of Class A common stock with time-based vesting criteria granted under the Equity Incentive Plan that vest as follows: (i) 2,416 shares on September 30, 2023, (ii) 17,416 shares on September 30, 2024, (iii) 16,668 shares on September 30, 2025, and (iv) 880 shares on September 30, 2026. 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 "Issuer") with time-based vesting criteria under the Issuer'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, 2023, 2024, 2025 and 2026. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.

Includes 37,380 restricted shares of Class A common stock with time-based vesting criteria granted under the Equity Incentive Plan that vest as follows: (i) 2,416 shares on September 30, 2023, (ii) 17,416 shares on September 30, 2024, (iii) 16,668 shares on September 30, 2025, and (iv) 880 shares on September 30, 2026. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.