Brian James Harris - 28 Feb 2023 Form 4 Insider Report for Summit Materials, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Mar 2023, 16:40:00 UTC
Prior SEC filing
01 Aug 2022
Next SEC filing
15 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact

Key filing fact

Brian James Harris filed Form 4 for Summit Materials, Inc. on 01 Mar 2023.

Key facts

  • This page summarizes Brian James Harris's Form 4 filing for Summit Materials, Inc..
  • 8 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 01 Mar 2023, 16:40.

Change

  • Previous filing in this sequence was filed on 01 Aug 2022.
  • Current net transaction value: -$308,191.

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
+6,635
Change %
+3.4%
Price
Shares after
202,173
Date
28 Feb 2023
Ownership
Direct
Footnotes
F1, F2, F3
SUM transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+5,595
Change %
+2.8%
Price
Shares after
207,768
Date
28 Feb 2023
Ownership
Direct
Footnotes
F1
SUM transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+4,785
Change %
+2.3%
Price
Shares after
212,553
Date
28 Feb 2023
Ownership
Direct
Footnotes
F1
SUM transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+18,298
Change %
+8.6%
Price
$0.000000
Shares after
230,851
Date
28 Feb 2023
Ownership
Direct
Footnotes
F4
SUM transaction

Class A Common Stock

Tax liability

Transaction value
$308,191
Shares
-10,433
Change %
-4.5%
Price
$29.54
Shares after
220,418
Date
28 Feb 2023
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
-6,636
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Feb 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,636
Exercise price
Footnotes
F5, F6
SUM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,595
Change %
-50%
Price
$0.000000
Shares after
5,595
Date
28 Feb 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,595
Exercise price
Footnotes
F5, F7
SUM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,785
Change %
-33%
Price
$0.000000
Shares after
9,568
Date
28 Feb 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,785
Exercise price
Footnotes
F5, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 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

Total holdings include shares of Class A Common Stock received pursuant to a stock dividend paid on December 29, 2022.

Footnote F3

Total holdings include shares of Class A Common Stock acquired through the Issuer's Employee Stock Purchase Plan on April 14, 2022 and October 18, 2022.

Footnote F4

Reflects shares of Class A Common Stock earned and delivered on performance units previously granted based upon the satisfaction of certain performance criteria.

Footnote F5

Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer ("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 F6

These restricted stock units vest in three equal annual installments beginning on February 28, 2021.

Footnote F7

These restricted stock units vest in three equal annual installments beginning on February 28, 2022.

Footnote F8

These restricted stock units vest in three equal annual installments beginning on February 28, 2023.

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