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