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Installed Building Products, Inc. — Director's Dealing 2016
Nov 29, 2016
30845_dirs_2016-11-28_718cfd21-8e12-4d7f-aa53-9e343d607718.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Installed Building Products, Inc. (IBP)
CIK: 0001580905
Period of Report: 2016-11-23
Reporting Person: NIXON J MICHAEL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-23 | Common Stock, $0.01 par value per share | S | 3610 | $42.00 | Disposed | 1820048 | Indirect |
| 2016-11-25 | Common Stock, $0.01 par value per share | S | 46390 | $42.007 | Disposed | 1773658 | Indirect |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 22, 2016.
F2: On July 1, 2016, TCI Holdings, LLC made a pro rata distribution of 843,240 shares held by it to some of its members. Mr. Nixon did not beneficially own any of the distributed shares and accordingly did not report the distribution.
F3: The shares of common stock covered by this statement are held by TCI Holdings, LLC. J. Michael Nixon is a member of and the manager of TCI Holdings, LLC. As the manager of TCI Holdings, LLC, Mr. Nixon has sole voting and dispositive power over the shares held by TCI Holdings, LLC.
F4: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $42.00 to $42.0076. The reporting person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.