0001718227-23-000109.txt : 20231215 0001718227-23-000109.hdr.sgml : 20231215 20231215160415 ACCESSION NUMBER: 0001718227-23-000109 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231213 FILED AS OF DATE: 20231215 DATE AS OF CHANGE: 20231215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Harper John L CENTRAL INDEX KEY: 0001739438 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38479 FILM NUMBER: 231490253 MAIL ADDRESS: STREET 1: 170 EAST MAIN STREET CITY: DOTHAN STATE: AL ZIP: 36301 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 wk-form4_1702674245.xml FORM 4 X0508 4 2023-12-13 0 0001718227 Construction Partners, Inc. ROAD 0001739438 Harper John L 290 HEALTHWEST DRIVE, SUITE 2 DOTHAN AL 36303 0 1 0 0 Senior Vice President 0 Class A Common Stock 2023-12-13 4 A 0 6253 0 A 144005 D Class A Common Stock 2023-12-13 4 A 0 1389 0 A 145394 D Class A Common Stock 2023-12-13 4 A 0 3712 0 A 149106 D Class A Common Stock 1000 I By spouse Class A Common Stock 15000 I By Frances Harper Trust Class A Common Stock 15000 I By Family Trust On December 29, 2021, the reporting person was granted 7,250 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 6,253 PSUs. On October 4, 2023, the reporting person filed an ownership report indicating 137,096 shares of the Issuer's Class A common stock, par value $0.001 ("Class A common stock") held by the reporting person following the completion of a share withholding transaction described therein. Due to an inadvertent administrative error, the number of withheld shares was reported as 1,025 shares but should have been 369 shares. Accordingly, the beginning balance in this report has been corrected to 137,752 shares of Class A common stock. The reported transaction represents a grant of immediately vested shares of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer under the Plan. The reported transaction represents a grant of restricted shares of Class A common stock of the Issuer with time-based vesting criteria under the Plan. The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2024, 2025, 2026 and 2027. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares. Includes 60,850 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 29,413 shares on September 30, 2024, (ii) 28,326 shares on September 30, 2025, (iii) 2,183 shares on September 30, 2026, and (iv) 928 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares. The reported shares are held by a trust for which the reporting person serves as sole trustee, and in such capacity holds the sole power to vote and direct the disposition of such shares. The reported shares are held by a trust for which the reporting person serves as co-trustee, and in such capacity shares the power to vote and direct the disposition of such shares. /s/ John L. Harper 2023-12-15