STEVEN H. WUNNING - 28 Feb 2022 Form 4 Insider Report for Summit Materials, Inc. (SUM)

Role
Director
Signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact
Issuer symbol
SUM
Transactions as of
28 Feb 2022
Transactions value $
$0
Form type
4
Filing time
01 Mar 2022, 16:49:45 UTC
Previous filing
17 Feb 2022
Next filing
02 Mar 2022
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 Options Exercise +4,374 +16.7% 30,640 28 Feb 2022 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 Options Exercise $0 -4,374 -100% $0.000000* 0 28 Feb 2022 Class A Common Stock 4,374 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's Human Capital and Compensation Committee.
F3 On March 30, 2021, the Reporting Person was granted 4,374 restricted stock units that vested on February 28, 2022.