Randolph W. Melville - Aug 1, 2023 Form 4 Insider Report for GMS Inc. (GMS)

Role: Director
Signature: /s/ Craig D. Apolinsky Attorney-in-Fact for Randolph W. Melville
Stock symbol: GMS
Transactions as of: Aug 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/3/2023, 04:18 PM
Previous filing: May 3, 2023
Next filing: May 3, 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	+60.14%	$0.00	6.18K	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.