Theron I. Gilliam - Jun 27, 2023 Form 4 Insider Report for GMS Inc. (GMS)

Role: Director
Signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for Theron I. Gilliam
Stock symbol: GMS
Transactions as of: Jun 27, 2023
Transactions value $: -$421,740
Form type: 4
Date filed: 6/28/2023, 05:11 PM
Previous filing: Apr 13, 2023
Next filing: Aug 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GMS	Common Stock	Options Exercise	$88.6K	+6K	+38.68%	$14.77^*	21.5K	Jun 27, 2023	Direct
transaction	GMS	Common Stock	Sale	-$422K	-6K	-27.89%	$70.29	15.5K	Jun 27, 2023	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	-$88.6K	-6K	-19.69%	$14.77^*	24.5K	Jun 27, 2023	Common Stock	6K	$14.77	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 $70.28 to $70.35, 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 $70.28 to $70.35, 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.