J. David Smith - Jan 2, 2024 Form 4 Insider Report for GMS Inc. (GMS)

Role: Director
Signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for J. David Smith
Stock symbol: GMS
Transactions as of: Jan 2, 2024
Transactions value $: -$2,456,204
Form type: 4
Date filed: 1/4/2024, 04:04 PM
Previous filing: Aug 3, 2023
Next filing: May 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GMS	Common Stock	Options Exercise	$375K	+30.5K	+98.83%	$12.31	61.3K	Jan 2, 2024	Direct
transaction	GMS	Common Stock	Sale	-$2.46M	-30.5K	-49.71%	$80.60	30.8K	Jan 2, 2024	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	-$375K	-30.5K	-100%	$12.31	0	Jan 2, 2024	Common Stock	30.5K	$12.31	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 $80.50 to $81.04, 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 $80.50 to $81.04, 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.