SCOTT M. DEAKIN - 01 Aug 2024 Form 4 Insider Report for GMS Inc. (GMS)

Signature
/s/ Craig D. Apolinsky, Attorney-in-Fact for Scott M. Deakin
Issuer symbol
GMS
Transactions as of
01 Aug 2024
Net transactions value
+$958,443
Form type
4
Filing time
02 Aug 2024, 16:36:06 UTC
Previous filing
29 Dec 2023
Next filing
05 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMS Common Stock Options Exercise $0 +2,544 +17% $0.000000 17,631 01 Aug 2024 Direct F1, F2
transaction GMS Common Stock Tax liability $0 -766 -4.3% $0.000000 16,865 01 Aug 2024 Direct
transaction GMS Common Stock Options Exercise $0 +3,097 +18% $0.000000 19,962 01 Aug 2024 Direct F1
transaction GMS Common Stock Tax liability $0 -933 -4.7% $0.000000 19,029 01 Aug 2024 Direct
transaction GMS Common Stock Options Exercise $0 +1,672 +8.8% $0.000000 20,701 01 Aug 2024 Direct F1
transaction GMS Common Stock Tax liability $0 -590 -2.9% $0.000000 20,111 01 Aug 2024 Direct

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 -2,544 -100% $0.000000* 0 01 Aug 2024 Common Stock 2,544 Direct F1, F3
transaction GMS Restricted Stock Units Options Exercise $0 -3,097 -50% $0.000000 3,096 01 Aug 2024 Common Stock 3,097 Direct F1, F4
transaction GMS Restricted Stock Units Options Exercise $0 -1,672 -33% $0.000000 3,342 01 Aug 2024 Common Stock 1,672 Direct F1, F5
transaction GMS Restricted Stock Units Award $0 +4,454 $0.000000 4,454 01 Aug 2024 Common Stock 4,454 Direct F6, F7
transaction GMS Stock Option (Right to Buy) Award $958,443 +10,347 $92.63 10,347 01 Aug 2024 Common Stock 10,347 $92.63 Direct F8
* 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 into common stock on a one-for-one basis.
F2 Includes 311 shares acquired by the Reporting Person on June 30, 2024 pursuant to the GMS Inc. Employee Stock Purchase Plan.
F3 On August 1, 2021, the reporting person was granted 7,632 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.
F4 On August 1, 2022, the reporting person was granted 9,290 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.
F5 On August 1, 2023, the reporting person was granted 5,014 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.
F6 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F7 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 August 1, 2025, August 1, 2026 and August 1, 2027 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.
F8 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 August 1, 2025, August 1, 2026 and August 1, 2027.