Form 4 for ROAD Construction Partners, Inc.
Accepted 2024-12-19 00:00:00 ET · period of report 2024-12-17 · accession 0001718227-24-000125 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-12-19 | 2024-12-17 | ROAD | Fleming Ned N. IV | Member of 10% owner group | A - Grant | $0.00 | +3,063 | 40.3K | +8% | $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 | 2024-12-17 | A | A | 689 | $0.00 | 40,948 | D | — | — | (F3) The reported transaction represents a grant of immediately vested shares of Class A common stock under the Plan. (F2) Includes 15,349 restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), with time-based vesting criteria previously granted under the Plan that vest as follows: (i) 14,067 shares on September 30, 2025, (ii) 978 shares on September 30, 2026, and (iii) 305 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares. |
| 2 | Common | Class A Common Stock | 2024-12-17 | A | A | 2,374 | $0.00 | 40,259 | D | — | — | (F1) On December 29, 2021, the reporting person was granted 2,753 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 2,374 PSUs. (F2) Includes 15,349 restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), with time-based vesting criteria previously granted under the Plan that vest as follows: (i) 14,067 shares on September 30, 2025, (ii) 978 shares on September 30, 2026, and (iii) 305 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares. |