SEC Form 4 · accession 0001140361-16-068274
GMS Inc. · GMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theron I Gilliam
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 2, 2016 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600438
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jun 1, 2016 | P | 10,000 | $21.00 | A | 10,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person purchased these shares in connection with the closing of the initial public offering of the issuer (the "IPO") at the IPO price of $21.00 per share pursuant to the directed share program described in the issuer's registration statement. The shares are subject to a lock-up provision for a period of 180 days, as required under a lock-up agreement with the underwriters of the IPO.
- F25,000 of these shares are held in a joint account for the reporting person and his child (child 1).
- F35,000 of these shares are held in a joint account for the reporting person and his child (child 2).