SEC Form 4 · accession 0001209191-19-014612
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
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 5:27 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 | Feb 26, 2019 | A | 24,164 | $0.00 | A | 124,323 | D | |
| Common Stock, $0.01 par value per shareF2 | holding | — | — | — | 2,741,194 | I | See footnote | |
| Common Stock, $0.01 par value per shareF3 | holding | — | — | — | 3,877,819 | I | See footnote | |
| Common Stock, $0.01 par value per shareF4 | holding | — | — | — | 173,408 | I | See footnote | |
| Common Stock, $0.01 par value per shareF4 | holding | — | — | — | 173,408 | I | See footnote | |
| Common Stock, $0.01 par value per shareF4 | holding | — | — | — | 173,408 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance-based restricted shares granted to the Reporting Person under the Issuer's 2014 Omnibus Incentive Plan. The Issuer's Compensation Committee certified the achievement of the performance criteria for fiscal year 2018 on February 26, 2019. The shares remain subject to a time-based vesting requirement and are scheduled to vest in two equal installments (rounded to the nearest whole share) on each of April 20, 2020 and April 20, 2021.
- F2These securities are held directly by Installed Building Systems, Inc. The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
- F3These securities are held directly by PJAM IBP Holdings, Inc. The Reporting Person disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein.
- F4The securities are held 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.