Form 4 for ROAD Construction Partners, Inc.
Accepted 2024-05-24 00:00:00 ET · period of report 2024-05-22 · accession 0001718227-24-000041 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-05-24 | 2024-05-22 | ROAD | Owens Charles E | Dir | A - Grant | $0.00 | +250.0K | 250.0K | New | $0 |
| DI | 2024-05-24 | 2024-05-22 | ROAD | Owens Charles E | Dir | D - Sale to Iss | $0.00 | -250.0K | 1.00M | -20% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-05-22 | A | A | 250,000 | $0.00 | 250,000 | I By Grace, Ltd. | — | — | (F2) The reported shares are held by Grace, Ltd., an Alabama limited partnership, for which the reporting person serves as general partner, and in such capacity holds the sole power to vote and direct the disposition of such shares. |
| 2 | Derivative | Class B Common Stock | 2024-05-22 | D | D | 250,000 | $0.00 | 1,000,000 | I By Grace, Ltd. | — · — to — | 250,000 Class A Common Stock | (F2) The reported shares are held by Grace, Ltd., an Alabama limited partnership, for which the reporting person serves as general partner, and in such capacity holds the sole power to vote and direct the disposition of such shares. (F3) Each share of Class B common stock, $0.001 par value ("Class B common stock"), of Construction Partners, Inc. (the "Issuer") is convertible into one share of Class A common stock, $0.001 par value ("Class A common stock") of the Issuer (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire. |