Tamla Oates-Forney - Feb 10, 2025 Form 4 Insider Report for Summit Materials, Inc. (SUM)

Role
Director
Signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact
Stock symbol
SUM
Transactions as of
Feb 10, 2025
Transactions value $
-$628,688
Form type
4
Date filed
2/10/2025, 05:47 PM
Previous filing
Jan 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUM Class A Common Stock Disposed to Issuer -$629K -12K -100% $52.50 0 Feb 10, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SUM Restricted Stock Units Disposed to Issuer -3.34K -100% 0 Feb 10, 2025 Class A Common Stock 3.34K Direct F1
transaction SUM Restricted Stock Units Disposed to Issuer -2.55K -100% 0 Feb 10, 2025 Class A Common Stock 2.55K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Tamla Oates-Forney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 At or immediately prior to the effective time of the transactions contemplated by the Agreement and Plan of Merger, dated November 24, 2024, by and among Summit Materials, Inc., Quikrete Holdings, Inc., and Soar Subsidiary, Inc., (i) each share of Class A common stock of the issuer held by the reporting person was canceled, retired and converted into the right to receive $52.50 in cash (the "Merger Consideration") and (ii) each restricted stock unit held by the reporting person was fully vested, canceled and converted into the right to receive the Merger Consideration.