William Forrest Bell - 01 Aug 2021 Form 4 Insider Report for GMS Inc. (GMS)

Signature
/s/ Craig D. Apolinsky, Attorney-in-Fact for William Forrest Bell
Issuer symbol
GMS
Transactions as of
01 Aug 2021
Net transactions value
$0
Form type
4
Filing time
03 Aug 2021, 16:57:18 UTC
Next filing
15 Sep 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 +1,221 $0.000000 1,221 01 Aug 2021 Common Stock 1,221 Direct F1, F2
transaction GMS Stock Option (Right to Buy) Award $0 +2,964 $0.000000 2,964 01 Aug 2021 Common Stock 2,964 $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.