CFO and Secretary Humphries Iain exercised 249,287 shares at a strike of $6.09, was granted 25,556 shares and covered exercise/tax liability with 206,901 shares, increasing direct ownership by 18% to 435,434 units (SEC Form 4)
$BBCP
Engineering & Construction
Consumer Discretionary
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Concrete Pumping Holdings, Inc. [ BBCP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/15/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 01/15/2025 | A | 15,330(1) | A | $0 | 382,822 | D | |||
| Common Stock | 01/15/2025 | A | 10,226(2) | A | $0 | 393,048 | D | |||
| Common Stock | 01/15/2025 | F | 5,981(3) | D | $8.87 | 387,067 | D | |||
| Common Stock | 01/17/2025 | M | 249,287(4) | A | $6.09 | 636,354 | D | |||
| Common Stock | 01/17/2025 | F | 200,920(4) | D | $8.79 | 435,434 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Option | $6.09 | 01/17/2025 | M(4) | 249,287 | 12/06/2018 | 03/07/2026 | Common Stock | 249,287 | $0 | 0 | D | ||||
| Explanation of Responses: |
| 1. Represents performance-based restricted stock units granted to the filing person. The restricted stock units were initially granted on January 22, 2024 and the amount of restricted stock units eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2024 fiscal year by the Compensation Committee of the Board of Directors. On January 15, 2025, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the restricted stock units, which vest in three equal increments on January 15, 2025, January 15, 2026 and January 15, 2027, subject to the filing person's continued employment through the vesting date. |
| 2. Represents performance-based restricted stock units granted to the filing person. The restricted stock units were initially granted on April 12, 2024 and the amount of restricted stock units eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2024 fiscal year by the Compensation Committee of the Board of Directors. On January 15, 2025, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the restricted stock units, which vest in three equal increments on January 15, 2025, January 15, 2026 and January 15, 2027, subject to the filing person's continued employment through the vesting date. |
| 3. The Company withheld shares of common stock to satisfy the tax withholding obligations for the Reporting Person's performance-based and time-based restricted stock units that vested on January 15, 2025. |
| 4. The Reporting Person exercised 249,287 options and the Company withheld 200,920 of the underlying shares to satisfy the tax withholding and exercise price obligations. |
| /s/ Iain Humpries | 01/17/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||