Michael T. Miller - Feb 22, 2022 Form 4 Insider Report for Installed Building Products, Inc. (IBP)

Signature
/s/ Michael T. Miller
Stock symbol
IBP
Transactions as of
Feb 22, 2022
Transactions value $
$0
Form type
4
Date filed
2/24/2022, 05:01 PM
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBP Common Stock, $0.01 par value per share Award $0 +7.55K +27.38% $0.00 35.1K Feb 22, 2022 Direct F1
holding IBP Common Stock, $0.01 par value per share 80.7K Feb 22, 2022 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2014 Omnibus Incentive Plan. The Issuer's Compensation Committee certified the achievement of the performance criteria for fiscal year 2021 on February 22, 2022. The shares remain subject to a time-based vesting requirement and are scheduled to vest in two equal installments (rounded to the nearest whole share) on each of April 20, 2023 and April 20, 2024.
F2 These shares are held by a trust of which Mr. Miller is the sole trustee and sole beneficiary and exercises sole voting and investment power.