4//SEC Filing
Palmer Royce Alan 4
Accession 0001718227-19-000077
CIK 0001718227other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 9:30 AM ET
Size
7.0 KB
Accession
0001718227-19-000077
Insider Transaction Report
Form 4
Palmer Royce Alan
See Remarks
Transactions
- Sale
Class B Common Stock
2019-09-05$16.00/sh−40,000$640,000→ 245,209 total→ Class A Common Stock (40,000 underlying)
Holdings
- 1,500
Class A Common Stock
Footnotes (2)
- [F1]Each share of Class B Common Stock, par value $0.001 per share ("Class B Common Stock"), of Construction Partners, Inc. (the "Issuer") is convertible into one share of Class A Common Stock, par value $0.001 per share ("Class A Common Stock") of the Issuer (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. 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. 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.
- [F2]The reported transaction represents a privately negotiated sale of Class B Common Stock to another holder of Class B Common Stock.
Documents
Issuer
Construction Partners, Inc.
CIK 0001718227
Entity typeother
Related Parties
1- filerCIK 0001739312
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 9:30 AM ET
- Size
- 7.0 KB