John C. Turner JR - May 1, 2022 Form 4 Insider Report for GMS Inc. (GMS)

Role
President and CEO, Director
Signature
/s/ Craig D. Apolinsky, Attorney-in-Fact for John C. Turner, Jr.
Stock symbol
GMS
Transactions as of
May 1, 2022
Transactions value $
-$299,688
Form type
4
Date filed
5/3/2022, 03:58 PM
Previous filing
Dec 7, 2021
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMS Common Stock Options Exercise +13.9K +35.01% 53.4K May 1, 2022 Direct F1
transaction GMS Common Stock Tax liability -$300K -6.25K -11.7% $47.95 47.2K May 1, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GMS Restricted Stock Units Options Exercise $0 -13.9K -100% $0.00* 0 May 1, 2022 Common Stock 13.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units vested and converted into common stock on a one-for-one basis.
F2 On May 1, 2019, the reporting person was granted 41,574 restricted stock units that vested in three equal annual installments beginning on the first anniversary of the grant date.