0001104659-18-018405.txt : 20180316
0001104659-18-018405.hdr.sgml : 20180316
20180316192245
ACCESSION NUMBER: 0001104659-18-018405
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180314
FILED AS OF DATE: 20180316
DATE AS OF CHANGE: 20180316
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hill Thomas W.
CENTRAL INDEX KEY: 0001440948
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36873
FILM NUMBER: 18697121
MAIL ADDRESS:
STREET 1: C/O SUMMIT MATERIALS, INC.
STREET 2: 1550 WYNKOOP STREET, 3RD FLOOR
CITY: DENVER
STATE: CO
ZIP: 80202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Summit Materials, Inc.
CENTRAL INDEX KEY: 0001621563
STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
IRS NUMBER: 471984212
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1227
BUSINESS ADDRESS:
STREET 1: 1550 WYNKOOP STREET, 3RD FLOOR
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 303-893-0012
MAIL ADDRESS:
STREET 1: 1550 WYNKOOP STREET, 3RD FLOOR
CITY: DENVER
STATE: CO
ZIP: 80202
4
1
a4.xml
4
X0306
4
2018-03-14
0
0001621563
Summit Materials, Inc.
SUM
0001440948
Hill Thomas W.
C/O SUMMIT MATERIALS, INC.
1550 WYNKOOP STREET, 3RD FLOOR
DENVER
CO
80202
1
1
0
0
President & CEO
Class A Common Stock
2018-03-14
4
M
0
4343
18
A
146245
D
Class A Common Stock
2018-03-14
4
M
0
89850
18
A
236095
D
Class A Common Stock
2018-03-14
4
M
0
47959
17.07
A
284054
D
Class A Common Stock
2018-03-14
4
S
0
300
31.26
D
283754
D
Class A Common Stock
2018-03-14
4
S
0
18748
31.60
D
265006
D
Class A Common Stock
2018-03-14
4
S
0
123104
31.01
D
141902
D
Class A Common Stock
2018-03-15
4
M
0
61375
18
A
203277
D
Class A Common Stock
2018-03-15
4
S
0
7006
31.07
D
196271
D
Class A Common Stock
2018-03-15
4
S
0
54369
30.31
D
141902
D
Class A Common Stock
2018-03-16
4
M
0
244432
18
A
386334
D
Class A Common Stock
2018-03-16
4
S
0
5600
30.59
D
380734
D
Class A Common Stock
2018-03-16
4
S
0
238832
31.15
D
141902
D
Class A Common Stock
365
I
See Footnote
Options (right to buy)
18
2018-03-14
4
M
0
4343
0
D
2025-03-11
Class A Common Stock
4343
275248
D
Options (right to buy)
18
2018-03-14
4
M
0
89850
0
D
2025-03-11
Class A Common Stock
89850
566673
D
Options (right to buy)
17.07
2018-03-14
4
M
0
47959
0
D
2026-02-24
Class A Common Stock
47959
23979
D
Options (right to buy)
18
2018-03-15
4
M
0
61375
0
D
2025-03-11
Class A Common Stock
61375
505298
D
Options (right to buy)
18
2018-03-16
4
M
0
244432
0
D
2015-03-11
Class A Common Stock
244432
260866
D
The Board of Directors of the Issuer has instituted robust ownership guidelines for the Reporting Person, requiring that he hold a value of 6 times his base salary in the Issuer's equity. After the above reported sales the Reporting Person will hold almost 34 times his base salary in the Issuer's equity (using the closing price of $31.81 on March 13, 2018, the day before the first sale reported). This calculation does not include unvested options or performance share units.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.25 to $31.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.50 to $31.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $30.80 to $31.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.00 to $31.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $30.25 to $30.38, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $30.50 to $30.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $30.70 to $31.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Reflects securities held by a trust for the benefit of Mr. Hill's family, for which Mr. Hill's spouse serves as trustee.
Reflects the grant of 559,181 options that vest in four equal annual installments beginning on March 11, 2016.
Reflects the grant of 726,933 options that vest in four equal annual installments beginning on March 11, 2016.
Reflects the grant of 71,938 options that vest in three equal annual installments beginning on February 24, 2017.
The Reporting Person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.
/s/Anne Lee Benedict, as Attorney-in-Fact
2018-03-16