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Construction Partners, Inc. — Director's Dealing 2024
Dec 20, 2024
30805_dirs_2024-12-19_519feadd-94a6-4105-b46d-3ec777d23a5e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Construction Partners, Inc. (ROAD)
CIK: 0001718227
Period of Report: 2024-12-17
Reporting Person: Harper John L (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-17 | Class A Common Stock | A | 6569 | — | Acquired | 161425 | Direct |
| 2024-12-17 | Class A Common Stock | A | 1904 | — | Acquired | 163329 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 1000 | Indirect |
Footnotes
F1: On December 29, 2021, the reporting person was granted 7,616 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 6,569 PSUs.
F2: Includes 31,437 restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), with time-based vesting criteria previously granted to the reporting person under the Plan that vest as follows: (i) 28,326 shares on September 30, 2025, (ii) 2,183 shares on September 30, 2026, and (iii) 928 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.
F3: The reported transaction represents a grant of immediately vested shares of Class A common stock under the Plan.