SEC Form 4 · accession 0001209191-15-027314
Installed Building Products, Inc. · IBP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey W. Edwards
Officer — President, CEO and Chairman · Director · 10% Owner
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 9:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580905
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 13, 2015 | D | 315,000 | — | D | 3,470,882 | I | See footnote |
| Common StockF3 | holding | — | — | — | 423,258 | D | ||
| Common StockF4 | holding | — | — | — | 4,227,819 | I | See footnote | |
| Common StockF5,F6 | holding | — | — | — | 72,496 | I | See footnote | |
| Common StockF5,F7 | holding | — | — | — | 72,496 | I | See footnote | |
| Common StockF5,F8 | holding | — | — | — | 72,496 | I | See footnote | |
| Common StockF5,F9 | holding | — | — | — | 72,496 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to a Share Repurchase Agreement between the Issuer and Installed Building Systems, Inc. ("IBS"), the Issuer purchased from IBS 315,000 shares for an aggregate purchase price of $6,057,450.
- F2The securities are held directly by IBS. The Reporting person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
- F3Includes 3,614 shares previously held by IBP Management Holdings, LLC that were distributed to the Reporting Person as part of a pro rata distribution on September 15, 2014 and that are now owned directly. Includes 61,400 shares previously held by IBP Investing Management, LLC that were distributed to the Reporting Person on September 15, 2014 and that are now owned directly.
- F4The securities are held directly by PJAM IBP Holdings, Inc. The Reporting person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
- F5These securities were previously held by single trust holding 289,984 shares, which includes one share previously held by the Reporting Person directly and that was gifted to the single trust on November 19, 2014. Also on November 19, 2014, the trust split into four separate trusts, which are described in footnotes six through nine, and the 289,984 shares were evenly divided among the four separate trusts. The Reporting Person gifted the one share on November 19, 2014 to enable the four separate trusts to receive an equal number of shares.
- F6The securities are held directly by a trust for the benefit of one of the Reporting Person's children. The Reporting person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
- F7The securities are held directly by a trust for the benefit of one of the Reporting Person's children. The Reporting person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
- F8The securities are held directly by a trust for the benefit of one of the Reporting Person's children. The Reporting person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
- F9The securities are held directly by a trust for the benefit of one of the Reporting Person's children. The Reporting person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.