Leigh R. Dobbs - Aug 1, 2024 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, 2024
Transactions value $
$302,066
Form type
4
Date filed
8/2/2024, 04:38 PM
Previous filing
Sep 7, 2023
Next filing
Sep 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMS Common Stock Options Exercise $0 +507 +39.46% $0.00 1.79K Aug 1, 2024 Direct F1, F2
transaction GMS Common Stock Tax liability $0 -153 -8.54% $0.00 1.64K Aug 1, 2024 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 -507 -33.33% $0.00 1.01K Aug 1, 2024 Common Stock 507 Direct F1, F3
transaction GMS Restricted Stock Units Award $0 +1.4K $0.00 1.4K Aug 1, 2024 Common Stock 1.4K Direct F1, F4
transaction GMS Stock Option (Right to Buy) Award $302K +3.26K $92.63 3.26K Aug 1, 2024 Common Stock 3.26K $92.63 Direct F5
* 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 Includes 306 shares acquired by the Reporting Person on June 30, 2024 pursuant to the GMS Inc. Employee Stock Purchase Plan.
F3 On August 1, 2023, the reporting person was granted 1,521 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.
F4 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, 2025, August 1, 2026 and August 1, 2027 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.
F5 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, 2025, August 1, 2026 and August 1, 2027.