Deon MacMillan - 10 Mar 2022 Form 4 Insider Report for Summit Materials, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Mar 2022, 15:20:53 UTC
Prior SEC filing
03 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact

Key filing fact

Deon MacMillan filed Form 4 for Summit Materials, Inc. on 11 Mar 2022.

Key facts

  • This page summarizes Deon MacMillan's Form 4 filing for Summit Materials, Inc..
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 11 Mar 2022, 15:20.

Change

  • Previous filing in this sequence was filed on 03 Mar 2022.
  • Current net transaction value: -$59,529.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SUM transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+6,542
Change %
+176%
Price
Shares after
10,253
Date
10 Mar 2022
Ownership
Direct
Footnotes
F1
SUM transaction

Class A Common Stock

Tax liability

Transaction value
$59,529
Shares
-2,003
Change %
-20%
Price
$29.72
Shares after
8,250
Date
10 Mar 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SUM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,542
Change %
-58%
Price
$0.000000
Shares after
4,673
Date
10 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,542
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Reflects restricted stock units that upon vesting converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's Human Capital and Compensation Committee.

Footnote F3

On March 10, 2021, the Reporting Person was granted 16,822 restricted stock units, 5,607 vested on March 10, 2021, 6,542 vested on March 10, 2022 and 4,673 vest on March 10, 2023.

SEC remarks

EVP, Chief People Officer and Head of Corporate Communications

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