Construction Partners, Inc. — Director's Dealing 2022

Dec 20, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Construction Partners, Inc. (ROAD)
CIK: 0001718227
Period of Report: 2022-12-15

Reporting Person: Harper John L (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-15	Class A Common Stock	S	11000	$27.76	Disposed	211941	Direct
2022-12-16	Class A Common Stock	S	25000	$26.39	Disposed	186941	Direct
2022-12-19	Class A Common Stock	S	46320	$26.31	Disposed	140621	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	500	Indirect
Class A Common Stock	15000	Indirect
Class A Common Stock	15000	Indirect

Footnotes

F1: The reported sale price represents the weighted average sale price for a number of transactions effected at prices ranging from $27.65 to $27.92, inclusive. The reporting person has provided to Construction Partners, Inc. (the "Issuer"), and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range.

F2: Includes 60,621 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Issuer's 2018 Equity Incentive Plan that vest as follows: (i) 3,483 shares on September 30, 2023, (ii) 28,485 shares on September 30, 2024, (iii) 27,398 shares on September 30, 2025, and (iv) 1,255 shares on September 30, 2026. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

F3: The reported sale price represents the weighted average sale price for a number of transactions effected at prices ranging from $26.20 to $26.69, inclusive. The reporting person has provided to the Issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range.

F4: The reported sale price represents the weighted average sale price for a number of transactions effected at prices ranging from $25.73 to $26.66, inclusive. The reporting person has provided to the Issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the Issuer, information regarding the number of shares sold at each separate price within the range.

F5: The reported shares are held by a trust for which the reporting person serves as sole trustee, and in such capacity holds the sole power to vote and direct the disposition of such shares.

F6: The reported shares are held by a trust for which the reporting person serves as co-trustee, and in such capacity shares the power to vote and direct the disposition of such shares.