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4//SEC Filing

Bosway William T 4

Accession 0001127602-24-000052

CIK 0000912562other

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 12:09 PM ET

Size

9.6 KB

Accession

0001127602-24-000052

Insider Transaction Report

Form 4
Period: 2023-12-31
Bosway William T
DirectorPresident and CEO
Transactions
  • Award

    Restricted Stock Unit (2018 MSPP Match)

    2023-12-31+287.0728,867.52 total
    Common Stock (287.07 underlying)
Holdings
  • Common Stock

    144,654
  • Restricted Stock Unit (2018 MSPP)

    Common Stock (44,081.43 underlying)
    44,081.43
Footnotes (5)
  • [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 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 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.

Issuer

GIBRALTAR INDUSTRIES, INC.

CIK 0000912562

Entity typeother

Related Parties

1
  • filerCIK 0001675953

Filing Metadata

Form type
4
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 12:09 PM ET
Size
9.6 KB