4//SEC Filing
BRADY SHARON M 4
Accession 0001127602-20-015901
CIK 0000912562other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 1:55 PM ET
Size
19.3 KB
Accession
0001127602-20-015901
Insider Transaction Report
Form 4
BRADY SHARON M
Director
Transactions
- Award
Deferred Stock Units
2020-05-06$45.98/sh+2,067$95,041→ 11,106 total
Holdings
- 6,066.07
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (6,066.07 underlying) - 1,322
Common Stock
- 587.89
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (587.89 underlying)
Footnotes (5)
- [F1]Represents shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors. Pursuant to the Company's Non-Employee Director Stock Deferral Plan, the Reporting Person has irrevocably elected to defer her receipt of the shares of common stock represented by the Deferred Stock Units. Six (6) months following termination of the Reporting Person's service as a Member of the Company's Board of Directors, shares of common stock represented by the Deferred Stock Units are issued to the Reporting Person in one lump sum or in five (5) or ten (10) substantially equal installments, whichever is elected by the Reporting Person.
- [F2]Represents matching restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of her annual retainer fee pursuant to the Company's Management Stock Purchase Plan.
- [F3]Restricted stock units are forfeited if Reporting Person's service as a director of the Company is terminated prior to age sixty (60). If service as a director 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 a director of the Company.
- [F4]Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of her director meeting fees and annual director retainer fee.
- [F5]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 a director 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 a director of the Company.
Issuer
GIBRALTAR INDUSTRIES, INC.
CIK 0000912562
Entity typeother
Related Parties
1- filerCIK 0001245027
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 1:55 PM ET
- Size
- 19.3 KB