John C. Turner Jr. - 01 May 2022 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: 01 May 2022
Net transactions value: -$299,688
Form type: 4
Filing time: 03 May 2022, 15:58:54 UTC
Previous filing: 07 Dec 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		+13,858	+35%		53,438	01 May 2022	Direct	F1
transaction	GMS	Common Stock	Tax liability	$299,688	-6,250	-12%	$47.95	47,188	01 May 2022	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	-13,858	-100%	$0.000000^*	0	01 May 2022	Common Stock	13,858		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 May 1, 2019, the reporting person was granted 41,574 restricted stock units that vested in three equal annual installments beginning on the first anniversary of the grant date.