Form 4 for ROAD Construction Partners, Inc.

Accepted 2024-12-19 00:00:00 ET · period of report 2024-12-17 · accession 0001718227-24-000126 · 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	Flowers Robert P.	SVP	A - Grant	$0.00	+8,177	51.1K	+19%	$0

Purchase Sale Sale after option exercise All abbreviations

#	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	6,339	$0.00	49,255	D	—	—	(F1) On December 29, 2021, the reporting person was granted 7,350 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 2022, 2023 and 2043 fiscal years. The performance criteria for were partially met, resulting in the vesting of 6,339 PSUs. (F2) Includes 29,889 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) 27,766 shares on September 30, 2025, (ii) 1,664 shares on September 30, 2026, and (iii) 460 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	1,838	$0.00	51,093	D	—	—	(F3) The reported transaction represents a grant of immediately vested shares of Class A common stock under the Plan.