Form 4 for ROAD Construction Partners, Inc.
Accepted 2024-12-19 00:00:00 ET · period of report 2024-12-17 · accession 0001718227-24-000129 · 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 | Smith Fred Julius III | Pres, CEO, Dir | A - Grant | $0.00 | +16.0K | 112.3K | +17% | $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 | 12,398 | $0.00 | 108,677 | D | — | — | (F1) On December 29, 2021, the reporting person was granted 14,375 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 2024 fiscal years. The performance criteria for were partially met, resulting in the vesting of 12,398 PSUs. (F2) Includes 61,674 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) 55,876 shares on September 30, 2025, (ii) 3,960 shares on September 30, 2026, and (iii) 1,838 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 | 3,594 | $0.00 | 112,271 | D | — | — | (F3) The reported transaction represents a grant of immediately vested shares of Class A common stock under the Plan. (F2) Includes 61,674 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) 55,876 shares on September 30, 2025, (ii) 3,960 shares on September 30, 2026, and (iii) 1,838 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. |