Karli S. Anderson Exercises Options at Summit Materials Inc (SUM) — SEC Form 4, Aug 03, 2021

SEC Form 4 · No Market Transaction
Option Exercise

Derivative exercise — no open market transaction.

Reporting Owner
TXN 2021-07-30 · FILED 2021-08-03
Equity Position 7.86K sh 3,795 → 7,855
Equity Change +107.0% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2021-08-03
Report Date
2021-07-30
Accession No.
0001104659-21-099513
Accepted At
2021-08-03 21:00 UTC
Reporting Owner
Name Relationship
Karli S. Anderson CIK 0001577417
EVP
Karli S. Anderson at Summit Materials Inc Full insider history
Bought (12 mo) —
Sold (12 mo) —
More from this insider at Summit Materials Inc
All filings by this insider at Summit Materials Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Class A Common StockF1 2021-07-30 M - Exercise 5,711 A — 7,855 Direct
Class A Common Stock 2021-07-30 F - Tax Payment 1,651 D $33.60 -$55,474 6,204 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Stock UnitsF2F3F3 2021-07-30 M - Exercise 5,711 D $0.00 5,711 Class A Common Stock Direct
Footnotes (3)
F1
Reflects restricted stock units that upon vesting converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. Show more
F2
Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. Show more
F3
The Reporting Person was granted 11,421 restricted stock units that vest in two equal annual installments beginning on July 30, 2021. Show more
Remarks

Title: EVP, Chief ESG Officer and Head of Investor Relations

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All Summit Materials Inc insider activity
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