4//SEC Filing
Murphy Timothy F. 4
Accession 0001127602-23-010002
CIK 0000912562other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 11:10 AM ET
Size
22.6 KB
Accession
0001127602-23-010002
Insider Transaction Report
Form 4
Murphy Timothy F.
Vice President and Secretary
Transactions
- Award
Restricted Stock Unit (2018 MSPP Match)
2023-03-10+2,482.43→ 11,066.98 total→ Common Stock (2,482.43 underlying) - Award
Restricted Stock Unit (2018 MSPP)
2023-03-10$45.96/sh+4,137.38$190,154→ 21,304.9 total→ Common Stock (4,137.38 underlying)
Holdings
- 75,600
Common Stock
- 5,000
Option (April 2017)
Exercise: $39.55From: 2020-04-03Exp: 2027-04-03→ Common Stock (5,000 underlying) - 17,676.58
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (17,676.58 underlying) - 3,208.76
Restricted Stock Unit (MSPP Match)
→ Common Stock (3,208.76 underlying) - 26,097.47
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (26,097.47 underlying) - 8,056.93
Restricted Stock Unit (MSPP)
→ Common Stock (8,056.93 underlying) - 9,000
Special Performance Stock Unit (March 2020)
Exercise: $0.00→ Common Stock (9,000 underlying)
Footnotes (16)
- [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 matching restricted stock units allocated to the Reporting Person prior to 2013 pursuant to the Company's Management Stock Purchase Plan equal in number to restricted stock units allocated to reflect the Reporting Person's deferral of a portion of his annual incentive compensation award.
- [F11]Restricted stock units are forfeited if employment is terminated prior to age sixty (60). If employment continues through age sixty (60), restricted stock units are payable solely in cash in five (5) consecutive substantially equal annual installments beginning six (6) months following termination of employment. 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 the Reporting Person's employment is terminated.
- [F12]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.
- [F13]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.
- [F14]Represents restricted stock units allocated to Reporting Person prior to 2013 pursuant to the Company's Management Stock Purchase Plan reflecting deferred annual incentive compensation awards.
- [F15]Restricted stock units are payable solely in cash in five (5) consecutive, substantially equal annual installments beginning the first January 1 occurring six (6) months following termination of employment. 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 the Reporting Person's employment is terminated.
- [F16]Represents Performance Stock Units issued to the Reporting Person under the Registrant's 2018 Equity Incentive Plan at target. The Performance Stock Units may be earned at 0% to 200% of target based on the Registrant's three-year total stockholder return relative to the S&P Small Cap 600 Industrial Sector Index. Each earned Performance Stock Unit will represent a right to receive one share of the Registrant's common stock and will vest in full on March 1, 2023, provided that the Reporting Person is employed by the Registrant on such date.
- [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 matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of their annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F4]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.
- [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. 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.
- [F6]Represents restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of their annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F7]Options granted to Reporting Person which provide the Reporting Person with the right to purchase up to 5,000 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 0001543942
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 11:10 AM ET
- Size
- 22.6 KB