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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Concrete Pumping Holdings Inc | NASDAQ:BBCP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.20 | -2.87% | 6.76 | 6.74 | 6.76 | 7.01 | 6.67 | 6.98 | 84,096 | 20:05:25 |
001-38166
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83-1779605
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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500 E. 84th Avenue, Suite A-5
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Thornton, CO
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80229
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(Address Of Principal Executive Offices)
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(Zip Code)
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(303) 289-7497
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Registrant’s Telephone Number, Including Area Code
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Title of each class
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Trading
Symbol
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Name of each exchange on which registered
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Common Stock
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BBCP
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The NASDAQ Stock Market LLC
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☐
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Written communications pursuant to Rule 425 under the Securities Act
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934. ☑
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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ITEM 5.02
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
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● | All other outstanding restricted share awards, which consisted solely of performance vesting shares, were amended to split the award into (a) 25% time vesting shares, which will vest 10% on December 6, 2020, and the remaining 15% of which will vest ratably on December 6, 2021, 2022 and 2023, and (b) 75% performance vesting shares, 36% of which will vest on an accelerated basis on December 6, 2020 and the remaining 39% of which will vest based on reduced price vesting targets of $6.00 per share, $8.00 per share or $10.00 per share (subject to acceleration as provided in the amended and restated form of restricted share award agreement). In the aggregate, 1,159,233 performance vesting shares were modified into 707,133 time vesting shares, 533,248 of which vest on December 6, 2020, with the remaining 452,100 shares vesting based on the reduced price vesting targets of $6.00 per share, $8.00 per share or $10.00 per share. | |
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Certain U.K. stock option awards, which consisted solely of performance vesting options, were similarly amended to split the award into (a) 25% time vesting options, which will vest 10% on December 6, 2020, and the remaining 15% of which will vest ratably on December 6, 2021, 2022 and 2023, and (b) 75% performance vesting options, 36% of which will vest on an accelerated basis on December 6, 2020 and the remaining 39% of which will vest based on reduced price vesting targets of $6.00 per share, $8.00 per share or $10.00 per share (subject to acceleration as provided in the amended and restated form of stock option award agreement).
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●
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All other outstanding stock option awards granted to U.K. employees under the 2018 Plan were amended to have reduced price vesting targets of $6.00 per share, $8.00 per share or $10.00 per share.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS.
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Exhibit No.
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Description
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10.1
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104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
CONCRETE PUMPING HOLDINGS, INC.
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By:
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/s/ Iain Humphries
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Iain Humphries
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Chief Financial Officer
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Date: November 2, 2020
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1 Year Concrete Pumping Chart |
1 Month Concrete Pumping Chart |
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