William Forrest Bell - 14 Sep 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
Issuer symbol: GMS
Transactions as of: 14 Sep 2021
Net transactions value: -$7,955
Form type: 4
Filing time: 15 Sep 2021, 16:41:36 UTC
Previous filing: 03 Aug 2021
Next filing: 03 Aug 2022
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		+568			568	14 Sep 2021	Direct	F1
transaction	GMS	Common Stock	Tax liability	$7,955	-171	-30%	$46.52	397	14 Sep 2021	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	-568	-33%	$0.000000	1,134	14 Sep 2021	Common Stock	568		Direct	F1, F2

* 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 into common stock on a one-for-one basis.
F2	On Septemner 14, 2020, the reporting person was granted 1,702 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.