SEC Form 4 · accession 0001179110-18-010267
GMS Inc. · GMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Douglas Goforth
Officer — VP, CFO & Treasurer
Period of report
Aug 1, 2018
Accepted (ET)
Aug 3, 2018 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600438
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 1, 2018 | A | 13,671 | A | — | — | Common Stock | 13,671 | 13,671 | D |
| Stock Option (Right to Buy)F3 | $25.60 | Aug 1, 2018 | A | 35,971 | A | — | Aug 1, 2028 | Common Stock | 35,971 | 35,971 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F2Subject to the reporting person's continued employment with the issuer through the applicable vesting date, these restricted stock units are scheduled to vest in equal installments on each of August 1, 2019, August 1, 2020 and August 1, 2021 and will be settled, with respect to vested restricted stock units, in shares of the issuer's common stock no later than 30 days after each applicable vesting date.
- F3Subject to the reporting person's continued employment with the issuer through the applicable vesting date, these options are scheduled to vest in equal installments on each of August 1, 2019, August 1, 2020 and August 1, 2021.