4//SEC Filing
Murphy Timothy F. 4
Accession 0001127602-24-006031
CIK 0000912562other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 3:25 PM ET
Size
19.7 KB
Accession
0001127602-24-006031
Insider Transaction Report
Form 4
Murphy Timothy F.
Vice President and Secretary
Transactions
- Award
Common Stock
2024-02-20+17,704→ 93,304 total
Holdings
- 3,208.76
Restricted Stock Unit (MSPP Match)
→ Common Stock (3,208.76 underlying) - 5,000
Option (April 2017)
Exercise: $39.55From: 2020-04-03Exp: 2027-04-03→ Common Stock (5,000 underlying) - 23,285.16
Restricted Stock Unit (2018 MSPP)
→ Common Stock (23,285.16 underlying) - 8,056.93
Restricted Stock Unit (MSPP)
→ Common Stock (8,056.93 underlying) - 17,676.58
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (17,676.58 underlying) - 11,859.09
Restricted Stock Unit (2018 MSPP Match)
→ Common Stock (11,859.09 underlying) - 26,097.47
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (26,097.47 underlying)
Footnotes (14)
- [F1]The shares represent Performance Stock Units issued under the Registrant's 2018 Equity Incentive Plan (which was amended and restated in 2023) that have been granted to the Reporting Person based upon satisfaction of the performance criteria. The shares vest on March 1, 2026.
- [F10]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F14]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.
- [F2]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.
- [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 and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Documents
Issuer
GIBRALTAR INDUSTRIES, INC.
CIK 0000912562
Entity typeother
Related Parties
1- filerCIK 0001543942
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 3:25 PM ET
- Size
- 19.7 KB