0001718227-19-000073.txt : 20190830
0001718227-19-000073.hdr.sgml : 20190830
20190830161208
ACCESSION NUMBER: 0001718227-19-000073
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190830
FILED AS OF DATE: 20190830
DATE AS OF CHANGE: 20190830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Smith Fred Julius III
CENTRAL INDEX KEY: 0001739258
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38479
FILM NUMBER: 191069692
MAIL ADDRESS:
STREET 1: 701 CORPORATE CENTER DRIVE, SUITE 101
CITY: RALEIGH
STATE: TX
ZIP: 27607
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Construction Partners, Inc.
CENTRAL INDEX KEY: 0001718227
STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600]
IRS NUMBER: 260758017
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 290 HEALTHWEST DR.
STREET 2: SUITE 2
CITY: DOTHAN
STATE: AL
ZIP: 36303
BUSINESS PHONE: 334.673.9763
MAIL ADDRESS:
STREET 1: 290 HEALTHWEST DR.
STREET 2: SUITE 2
CITY: DOTHAN
STATE: AL
ZIP: 36303
4
1
wf-form4_156719591241485.xml
FORM 4
X0306
4
2019-08-30
0
0001718227
Construction Partners, Inc.
ROAD
0001739258
Smith Fred Julius III
290 HEALTHWEST DRIVE
SUITE 2
DOTHAN
AL
36303
0
1
0
0
Senior Vice President
Stock Option (right to buy)
0.0357
2019-08-30
4
A
0
74592
A
2019-08-30
2019-12-31
Class B Common Stock
74592.0
74592
D
Stock Option (right to buy)
0.0357
2019-08-30
4
M
0
74592
0
D
2019-08-30
2019-12-31
Class B Common Stock
74592.0
0
D
Class B Common Stock
2019-08-30
4
M
0
74592
0
A
Class A Common Stock
74592.0
241441
D
On August 30, 2019, Construction Partners, Inc. (the "Issuer") and the reporting person entered into an amendment to a preexisting non-plan option agreement (the "Option Agreement"). The Option Agreement had previously provided that the option held by the reporting person (the "Option") to purchase shares of Class B common stock, $0.001 par value, of the Issuer ("Class B common stock") was exercisable only upon a "Change of Control" of the Issuer, as defined in the Option Agreement. As a result of the amendment, the option became immediately exercisable and will expire upon the earliest to occur of (i) December 31, 2019, (ii) a termination of the reporting person's services to the Issuer or (iii) a "Change of Control" of the Company, as defined in the Option Agreement.
The reporting person exercised the Option immediately following the effectiveness of the Option Amendment.
Each share of Class B common stock is convertible into one share of Class A common stock, $0.001 par value, of the Issuer ("Class A common stock") (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 Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.
/s/ R. Alan Palmer, attorney-in-fact
2019-08-30