0001718227-23-000126.txt : 20231221
0001718227-23-000126.hdr.sgml : 20231221
20231221161828
ACCESSION NUMBER: 0001718227-23-000126
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231219
FILED AS OF DATE: 20231221
DATE AS OF CHANGE: 20231221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brooks Judson Ryan
CENTRAL INDEX KEY: 0001761609
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38479
FILM NUMBER: 231505525
MAIL ADDRESS:
STREET 1: 290 HEALTHWEST DRIVE
STREET 2: SUITE 2
CITY: DOTHAN
STATE: AL
ZIP: 36303
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Construction Partners, Inc.
CENTRAL INDEX KEY: 0001718227
STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600]
ORGANIZATION NAME: 05 Real Estate & Construction
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_1703193498.xml
FORM 4
X0508
4
2023-12-19
0
0001718227
Construction Partners, Inc.
ROAD
0001761609
Brooks Judson Ryan
290 HEALTHWEST DRIVE, SUITE 2
DOTHAN
AL
36303
0
1
0
0
Senior Vice President, Legal
0
Class A Common Stock
2023-12-19
4
F
0
181
43.75
D
36317
D
Restricted Stock Units
Class A Common Stock
1276
1276
D
Represents shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") surrendered to the Issuer to satisfy tax withholding obligations upon the grant of immediately vested shares of Class A common stock on December 13, 2023.
Pursuant to the terms of the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan") and the applicable award agreement, the number of shares withheld was determined using a value of $43.75 per share, based on the closing price for a share of Class A common stock on the vesting date.
Includes 30,859 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 15,047 shares on September 30, 2024, (ii) 14,358 shares on September 30, 2025, (iii) 1,135 shares on September 30, 2026, and (iv) 319 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.
Each restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date.
The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.
/s/ Judson Ryan Brooks
2023-12-21