Leigh R. Dobbs - Aug 1, 2023 Form 4 Insider Report for GMS Inc. (GMS)

Role
Chief Human Resources Officer
Signature
/s/ Craig D. Apolinsky, Attorney-in-Fact for Leigh R. Dobbs
Stock symbol
GMS
Transactions as of
Aug 1, 2023
Transactions value $
$255,218
Form type
4
Date filed
8/3/2023, 04:34 PM
Previous filing
Sep 7, 2022
Next filing
Sep 7, 2023

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 Award $0 +1.52K $0.00 1.52K Aug 1, 2023 Common Stock 1.52K Direct F1, F2
transaction GMS Stock Option (Right to Buy) Award $255K +3.41K $74.80 3.41K Aug 1, 2023 Common Stock 3.41K $74.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F2 Subject to the reporting person's continued employment with the issuer through the applicable vesting date, these restricted stock units are scheduled to vest in equal installments on each of August 1, 2024, August 1, 2025 and August 1, 2026 and will be settled, with respect to vested restricted stock units, in shares of the issuer's common stock no later than 30 days after each applicable vesting date.
F3 Subject to the reporting person's continued employment with the issuer through the applicable vesting date, these options are scheduled to vest in equal installments on each of August 1, 2024, August 1, 2025 and August 1, 2026.