4//SEC Filing
Heard Frank 4
Accession 0001127602-20-012568
CIK 0000912562other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 12:40 PM ET
Size
20.5 KB
Accession
0001127602-20-012568
Insider Transaction Report
Form 4
Heard Frank
President and COO
Transactions
- Award
Restricted Stock Unit (2018 MSPP Match)
2020-03-31+289.17→ 15,916.9 total→ Common Stock (289.17 underlying) - Award
Restricted Stock Unit (2018 MSPP)
2020-03-31$50.01/sh+722.93$36,154→ 28,359.1 total→ Common Stock (722.93 underlying)
Holdings
- 45,760
Performance Stock Unit (March 2019)
- 20,990
Restricted Stock Unit (LTIP 3/1/2018)
- 25,888
Restricted Stock Unit (LTIP 3/1/2019)
- 25,000
Option (December 2015)
Exercise: $25.44From: 2018-12-31Exp: 2025-12-31→ Common Stock (25,000 underlying) - 137,877.04
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (137,877.04 underlying) - 147,999
Common Stock
- 45,817
Performance Stock Unit (March 2018)
- 4,182
Restricted Stock Unit (LTIP 02/01/2017)
- 20,000
Option (February 2017)
Exercise: $43.05From: 2020-02-01Exp: 2027-02-01→ Common Stock (20,000 underlying) - 96,908.41
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (96,908.41 underlying)
Footnotes (11)
- [F1]Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F10]Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's Management Stock Purchase Plan.
- [F11]Restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service as an officer of the Company. Each restricted stock unit is converted to cash in an amount equal to the fair market value (200 day rolling average) of one share of the Company's common stock on the date of termination of the Reporting Person's service as an officer of the Company.
- [F2]Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date. If service as an officer continues beyond the fifth (5th) anniversary of the Reporting Person's vesting commencement date, restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.
- [F3]Represents restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F4]Restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.
- [F5]Options granted to Reporting Person provides Reporting Person the right to purchase up to 25,000 shares of common stock of the Registrant at the exercise price.
- [F6]The Reporting Person's right to purchase shares of common stock of the Registrant pursuant to the option is now exercisable.
- [F7]Options granted to Reporting Person provides Reporting Person the right to purchase up to 20,000 shares of common stock of the Registrant at the exercise price.
- [F8]Represents matching restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's Management Stock Purchase Plan.
- [F9]Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to age sixty (60). If service as an officer continues through age sixty (60), restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value (200 day rolling average) of one share of the Company's common stock on the date of termination of the Reporting Person's service as an officer of the Company.
Documents
Issuer
GIBRALTAR INDUSTRIES, INC.
CIK 0000912562
Entity typeother
Related Parties
1- filerCIK 0001608587
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 12:40 PM ET
- Size
- 20.5 KB