SEC Form 4 · accession 0001209191-18-057058
Installed Building Products, Inc. · IBP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jeffrey W. Edwards
Officer — President, CEO and Chairman · Director · 10% Owner
IBP Holding Co
Other
Period of report
Nov 5, 2018
Accepted (ET)
Nov 5, 2018 · 7:04 am 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 | Nov 5, 2018 | S | 150,000 | $34.11 | D | 3,877,819 | I | See footnote |
| Common Stock, $0.01 par value per shareF3 | holding | — | — | — | 2,741,194 | I | See footnote | |
| Common Stock, $0.01 par value per share | holding | — | — | — | 300,159 | D | ||
| Common Stock, $0.01 par value per shareF4 | holding | — | — | — | 123,408 | I | See footnote | |
| Common Stock, $0.01 par value per shareF4 | holding | — | — | — | 123,408 | I | See footnote | |
| Common Stock, $0.01 par value per shareF4 | holding | — | — | — | 123,408 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Issuer's previously announced stock buyback program, the Issuer entered into a Share Repurchase Agreement with PJAM IBP Holdings, Inc. ("PJAM") for the purchase of 150,000 shares of its common stock in a privately-negotiated transaction for an aggregate purchase price of $5,115,780. IBP Holding Company is the sole shareholder of PJAM.
- F2These securities are held directly by PJAM. The Reporting Persons, other than PJAM, disclaims pecuniary interest in the reported securities except to the extent of his or its economic interest therein.
- F3These securities are held directly by Installed Building Systems, Inc. The Reporting Persons disclaims pecuniary interest in the reported securities except to the extent of his or its economic interest therein.
- F4The securities are held by a trust for the benefit of one of Mr. Edwards's children. The Reporting Persons disclaim pecuniary interest in the reported securities except to the extent of his and its economic interest therein.