Burns Patrick 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Dec 1, 2021
Insider Transaction Report
Form 4
Burns Patrick
Chief Operating Officer
Transactions
- Sale
Common Stock
2021-11-30$69.90/sh−500$34,950→ 0 total - Sale
Common Stock
2021-11-30$69.82/sh−2,545$177,692→ 634 total - Sale
Common Stock
2021-11-30$69.89/sh−134$9,365→ 500 total
Holdings
- 2,300
Restricted Stock Unit (LTIP 3/1/2021)
- 11,787
Performance Stock Unit (March 2019)
- 9,001
Performance Stock Unit (March 2020)
- 2,286
Restricted Stock Unit (LTIP 03/18/2019)
- 9,000
Special Performance Stock Unit (March 2020)
- 5,000
Special Restricted Stock Unit (March 2019)
- 5,492.88
Restricted Stock Unit (2018 MSPP Match)
→ Common Stock (5,492.88 underlying) - 3,756.15
Restricted Stock Unit (2018 MSPP)
→ Common Stock (3,756.15 underlying) - 2,775
Restricted Stock Unit (LTIP 3/2/2020)
- 5,110
Performance Stock Unit (March 2021)
Footnotes (4)
- [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.
- [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.