Jeffrey W. Edwards - Feb 20, 2023 Form 4 Insider Report for Installed Building Products, Inc. (IBP)

Role
President, CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Michael T. Miller, Attorney-in-Fact
Stock symbol
IBP
Transactions as of
Feb 20, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 07:01 PM
Previous filing
Feb 24, 2022
Next filing
Mar 9, 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 +32.8K +21.53% $0.00 185K Feb 20, 2023 Direct F1
holding IBP Common Stock, $0.01 par value per share 2.8M Feb 20, 2023 See footnote F2
holding IBP Common Stock, $0.01 par value per share 1.64M Feb 20, 2023 See footnote F3
holding IBP Common Stock, $0.01 par value per share 173K Feb 20, 2023 See footnote F4, F5
* 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 & Human Capital Committee certified the achievement of the performance criteria for fiscal year 2022 on February 20, 2023. 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, 2024 and April 20, 2025.
F2 These securities are held directly by PJAM IBP Holdings, Inc. ("PJAM"). The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his pecuniary interest therein. IBP Holding Company is the sole shareholder of PJAM.
F3 These securities are held directly by Installed Building Systems, Inc. The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
F4 The securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Person disclaims beneficial ownership in the reported securities except to the extent of his economic interest therein.
F5 Mr. Edwards no longer has a reportable beneficial interest in 173,408 shares held directly by a trust for the benefit of one of Mr. Edwards' adult children and included in Mr. Edwards' prior ownership reports.