John L. Harper - Jan 13, 2022 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Signature
/s/ R. Alan Palmer, attorney-in-fact
Stock symbol
ROAD
Transactions as of
Jan 13, 2022
Transactions value $
$11,218
Form type
4
Date filed
1/11/2023, 03:22 PM
Previous filing
Jan 3, 2022
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROAD Class A Common Stock Purchase $11.2K +500 +100% $22.44 1K Jan 13, 2022 By spouse F1
holding ROAD Class A Common Stock 141K Jan 13, 2022 Direct F2
holding ROAD Class A Common Stock 15K Jan 13, 2022 By Frances Harper Trust F3
holding ROAD Class A Common Stock 15K Jan 13, 2022 By Family Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Includes 60,621 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Issuer's 2018 Equity Incentive Plan that vest as follows: (i) 3,483 shares on September 30, 2023, (ii) 28,485 shares on September 30, 2024, (iii) 27,398 shares on September 30, 2025, and (iv) 1,255 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.
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 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.

Remarks:

This Form 4 is being filed late due to inadvertent administrative error.