Sec Form 4 Filing - Edwards Jeffrey W. @ Installed Building Products, Inc. - 2022-02-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Edwards Jeffrey W.
2. Issuer Name and Ticker or Trading Symbol
Installed Building Products, Inc. [ IBP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO and Chairman
(Last) (First) (Middle)
C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50
3. Date of Earliest Transaction (MM/DD/YY)
02/22/2022
(Street)
COLUMBUS, OH43215
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value per share 02/22/2022 A 21,919( 1 ) A $ 0 152,379 D
Common Stock, $0.01 par value per share 2,797,819 I See footnote( 2 )
Common Stock, $0.01 par value per share 1,641,194 I See footnote( 3 )
Common Stock, $0.01 par value per share 173,408 I See footnote( 4 )( 5 )
Common Stock, $0.01 par value per share 173,408 I See footnote( 4 )( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exerci sable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Edwards Jeffrey W.
C/O INSTALLED BUILDING PRODUCTS, INC.
495 S. HIGH STREET, SUITE 50
COLUMBUS, OH43215
X X President, CEO and Chairman
Signatures
/s/ Michael T. Miller, Attorney-in-Fact for Jeffrey W. Edwards 02/24/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 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 2021 on February 22, 2022. 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, 2023 and April 20, 2024.
( 2 )These securities are held directly by PJAM IBP Holdings, Inc. ("PJAM"). The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his pecuniary interest therein. IBP Holding Company is the sole shareholder of PJAM.
( 3 )These 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.
( 4 )The securities are held by a trust for the benefit of one of Mr. Edwards' children. The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
( 5 )Mr. Edwards no longer has a reportable beneficial interest in 173,408 shares held directly by a trust for the benefit of one of Mr. Edwards' adult children and included in Mr. Edwards' prior ownership reports.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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