Home > Insider Trading > Filing (0001140361-16-068272)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1600438	Gms Inc.	GMS	Wholesale-Lumber & Other Construction Materials (5030)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1674921	D Craig Apolinsky	Gms Inc. 100 Crescent Centre Parkway, Suite 800 Tucker GA 30084	Vp, Gc & Corporate Secretary	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-06-01	4,700	$21.00	4,700	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Acquisiton	2016-06-02	53,898	$0.00	53,898	$23.11

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
53,898		2026-06-02	No	4	A	Direct

Footnotes

The 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.
This option is scheduled to vest, subject to the reporting person's continued employment with the issuer through the applicable vesting date, as to 25% of the underlying shares on the first anniversary of June 2, 2016 (the "Date of Grant") and thereafter as to 6.25% of the underlying shares on each quarterly anniversary of the Date of Grant such that the option will be fully vested on the fourth anniversary of the Date of Grant. In the event of a change in control of the issuer, this option will become fully vested and exercisable.