Leigh R. Dobbs - Sep 6, 2022 Form 4 Insider Report for GMS Inc. (GMS)

Role
Chief Human Resources Officer
Signature
/s/ Craig D. Apolinsky, Attorney-in-Fact for Leigh R. Dobbs
Stock symbol
GMS
Transactions as of
Sep 6, 2022
Transactions value $
$0
Form type
4
Date filed
9/7/2022, 05:13 PM
Next filing
Aug 3, 2023

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 Award $0 +2.49K $0.00 2.49K Sep 6, 2022 Common Stock 2.49K Direct F1, F2
transaction GMS Stock Option (Right to Buy) Award $0 +4.98K $0.00 4.98K Sep 6, 2022 Common Stock 4.98K $45.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F2 Subject to the reporting person's continued employment with the issuer through the applicable vesting date, these restricted stock units are scheduled to vest in equal installments on each of September 6, 2023, September 6, 2024 and September 6, 2025 and will be settled, with respect to vested restricted stock units, in shares of the issuer's common stock no later than 30 days after each applicable vesting date.
F3 Subject to the reporting person's continued employment with the issuer through the applicable vesting date, these options are scheduled to vest in equal installments on each of September 6, 2023, September 6, 2024 and September 6, 2025.