John C. Turner Jr. - 06 Dec 2021 Form 4 Insider Report for GMS Inc. (GMS)

Role: President and CEO, Director
Signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for John C. Turner, Jr.
Issuer symbol: GMS
Transactions as of: 06 Dec 2021
Net transactions value: -$3,322,190
Form type: 4
Filing time: 07 Dec 2021, 15:37:54 UTC
Previous filing: 03 Aug 2021
Next filing: 03 May 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	$1,020,360	+56,561	+143%	$18.04^*	96,141	06 Dec 2021	Direct
transaction	GMS	Common Stock	Sale	$3,322,190	-56,561	-59%	$58.74	39,580	06 Dec 2021	Direct	F1

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	Stock Option (Right to Buy)	Options Exercise	$1,020,360	-56,561	-67%	$18.04^*	28,280	06 Dec 2021	Common Stock	56,561	$18.04	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.85 to $59.43, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.85 to $59.43, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.