Theron I. Gilliam - Aug 1, 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
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/3/2023, 04:13 PM
Previous filing
Jun 28, 2023
Next filing
Apr 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMS Common Stock Options Exercise $0 +2.32K +14.97% $0.00 17.8K Aug 1, 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 Restricted Stock Units Options Exercise $0 -2.32K -100% $0.00* 0 Aug 1, 2023 Common Stock 2.32K Direct F1, F2
transaction GMS Restricted Stock Units Award $0 +1.67K $0.00 1.67K Aug 1, 2023 Common Stock 1.67K Direct F3, F4
* 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 to shares of common stock on a one-for-one basis.
F2 On August 1, 2022, the reporting person was granted 2,322 restricted stock units that vested on the first anniversary of the grant date.
F3 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F4 Subject to the reporting person's continued service as a director of the issuer through the applicable vesting date, these restricted stock units are scheduled to vest on the first anniversary of the grant date 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.