JOHN J. GAVIN - 01 Aug 2021 Form 4 Insider Report for GMS Inc. (GMS)

Role
Director
Signature
/s/ Craig D. Apolinsky, Attorney-in-Fact for John J. Gavin
Issuer symbol
GMS
Transactions as of
01 Aug 2021
Net transactions value
$0
Form type
4
Filing time
03 Aug 2021, 16:37:34 UTC
Previous filing
03 Jun 2021
Next filing
28 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMS Common Stock Options Exercise +4,481 +14% 36,502 01 Aug 2021 Direct F1, F2

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 -4,481 -100% $0.000000* 0 01 Aug 2021 Common Stock 4,481 Direct F1, F3
transaction GMS Restricted Stock Units Award $0 +2,137 $0.000000 2,137 01 Aug 2021 Common Stock 2,137 Direct F4, F5
* 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 to shares of common stock on a one-for-one basis.
F2 Includes 4,794 shares of common stock the reporting person elected to defer pursuant to the Deferred Compensation Plan for Non-Employee Directors.
F3 On August 1, 2020, the reporting person was granted 4,481 restricted stock units that vested on the first anniversary of the grant date.
F4 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F5 Subject to the reporting person's continued service as a director of the issuer through the applicable vesting date, these restricted stock units are scheduled to vest on the first anniversary of the grant date 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.