SEC Form 4 · accession 0001209191-16-152244
Installed Building Products, Inc. · IBP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Nixon
Director
Period of report
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 9:26 pm EST
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 Stock, $0.01 par value per shareF1,F2,F3 | Nov 23, 2016 | S | 3,610 | $42.00 | D | 1,820,048 | I | See footnote |
| Common Stock, $0.01 par value per shareF1,F4,F3 | Nov 25, 2016 | S | 46,390 | $42.007 | D | 1,773,658 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 22, 2016.
- F2On July 1, 2016, TCI Holdings, LLC made a pro rata distribution of 843,240 shares held by it to some of its members. Mr. Nixon did not beneficially own any of the distributed shares and accordingly did not report the distribution.
- F3The shares of common stock covered by this statement are held by TCI Holdings, LLC. J. Michael Nixon is a member of and the manager of TCI Holdings, LLC. As the manager of TCI Holdings, LLC, Mr. Nixon has sole voting and dispositive power over the shares held by TCI Holdings, LLC.
- F4The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $42.00 to $42.0076. The reporting person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.