X0306 4 2016-06-01 0 0001600438 GMS Inc. GMS 0001674921 Apolinsky Craig D GMS INC. 100 CRESCENT CENTRE PARKWAY, SUITE 800 TUCKER GA 30084 0 1 0 0 VP, GC & Corporate Secretary Common Stock 2016-06-01 4 P 0 4700 21.00 A 4700 D Stock Option (Right to Buy) 23.11 2016-06-02 4 A 0 53898 0 A 2026-06-02 Common Stock 53898 53898 D 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. /s/ Craig D. Apolinsky 2016-06-02