Michael T. Miller - Feb 20, 2024 Form 4 Insider Report for Installed Building Products, Inc. (IBP)

Signature
/s/ Michael T. Miller
Stock symbol
IBP
Transactions as of
Feb 20, 2024
Transactions value $
$0
Form type
4
Date filed
2/22/2024, 06:00 PM
Previous filing
Dec 13, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBP Common Stock, $0.01 par value per share Award $0 +11.3K +78.62% $0.00 25.6K Feb 20, 2024 Direct F1
holding IBP Common Stock, $0.01 par value per share 43.3K Feb 20, 2024 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2014 Omnibus Incentive Plan. The Issuer's Compensation & Human Capital Committee certified the achievement of the performance criteria for fiscal year 2023 on February 20, 2024. The shares remain subject to a time-based vesting requirement and are scheduled to vest in two equal installments (rounded to the nearest whole share) on each of April 20, 2025 and April 20, 2026.
F2 These shares are held by a trust of which Mr. Miller is the sole trustee and sole beneficiary and exercises sole voting and investment power.