William Forrest Bell - Aug 1, 2021 Form 4 Insider Report for GMS Inc. (GMS)

Role: Chief Accounting Officer
Signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for William Forrest Bell
Stock symbol: GMS
Transactions as of: Aug 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/3/2021, 04:57 PM
Next filing: Sep 15, 2021

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	+1.22K		$0.00	1.22K	Aug 1, 2021	Common Stock	1.22K		Direct	F1, F2
transaction	GMS	Stock Option (Right to Buy)	Award	$0	+2.96K		$0.00	2.96K	Aug 1, 2021	Common Stock	2.96K	$49.13	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, 2022, August 1, 2023 and August 1, 2024 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, 2022, August 1, 2023 and August 1, 2024.