Scott M. Deakin - 21 Oct 2021 Form 4 Insider Report for GMS Inc. (GMS)

Role: VP, Chief Financial Officer
Signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for Scott M. Deakin
Issuer symbol: GMS
Transactions as of: 21 Oct 2021
Net transactions value: -$69,793
Form type: 4
Filing time: 22 Oct 2021, 16:29:36 UTC
Previous filing: 03 Aug 2021
Next filing: 03 Jan 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		+3,322	+54%		9,480	21 Oct 2021	Direct	F1
transaction	GMS	Common Stock	Tax liability	$69,793	-1,499	-16%	$46.56	7,981	21 Oct 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	-3,322	-50%	$0.000000	3,322	21 Oct 2021	Common Stock	3,322		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 October 21, 2019, the reporting person was granted 9,966 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.