4//SEC Filing
Walker John A. 4
Accession 0000899243-18-019084
CIK 0001718227other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 11:18 AM ET
Size
11.5 KB
Accession
0000899243-18-019084
Insider Transaction Report
Form 4
Walker John A.
Senior Vice President
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2018-06-29−45,301→ 0 totalExercise: $5.70Exp: 2018-07-01→ Class B Common Stock (45,301 underlying) - Tax Payment
Class B Common Stock
2018-06-29$13.17/sh−30,890$406,821→ 90,011 total→ Class A Common Stock (30,890 underlying) - Exercise/Conversion
Class B Common Stock
2018-06-29$5.70/sh+45,301$258,216→ 120,901 total→ Class A Common Stock (45,301 underlying)
Footnotes (4)
- [F1]These options vested in three substantially equal installments on each of the following dates: July 1, 2012, July 1, 2013 and July 1, 2014.
- [F2]Each share of Class B Common Stock, par value $0.001 per share ("Class B Common Stock"), of the Issuer is convertible at any time at the option of the holder thereof into one share of Class A Common Stock, par value $0.001 per share ("Class A Common Stock") of the Issuer. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B Common Stock, all outstanding shares of Class B Common Stock will be converted into shares of Class A Common Stock. Further, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon any transfer, whether or not for value,
- [F3](Continued from Footnote 2) except upon certain transfers described in the Issuer's amended and restated certificate of incorporation. The holders of Class A Common Stock and Class B Common Stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A Common Stock are entitled to one vote per share and the holders of the Class B Common Stock are entitled to 10 votes per share. The shares of Class B Common Stock do not expire.
- [F4]This disposition of shares of Class B Common Stock represents the withholding of shares by the Issuer to pay the exercise price of the options and to satisfy the holder's tax withholding obligation upon the exercise of the options.
Documents
Issuer
Construction Partners, Inc.
CIK 0001718227
Entity typeother
Related Parties
1- filerCIK 0001739538
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 11:18 AM ET
- Size
- 11.5 KB