SEC Form 4 · accession 0000899243-16-014628
Summit Materials, Inc. · SUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Lee Benedict
Officer — See Remarks
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 9:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001621563
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 24, 2016 | A | 7,938 | A | — | — | Class A Common Stock | 7,938 | 7,938 | D |
| Options (right to buy)F3 | $17.07 | Feb 24, 2016 | A | 13,235 | A | — | Feb 24, 2026 | Class A Common Stock | 13,235 | 13,235 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock ("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 compensation committee.
- F2The restricted stock units vest in three equal annual installments beginning on February 24, 2017.
- F3The options vest in three equal annual installments beginning on February 24, 2017.
Remarks
Title: EVP, Chief Legal Officer & Secretary