4//SEC Filing
GIBRALTAR INDUSTRIES, INC. 4
Accession 0001225208-15-011820
$ROCKCIK 0000912562operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 3:31 PM ET
Size
13.7 KB
Accession
0001225208-15-011820
Insider Transaction Report
Form 4
Corwin Jane L.
Director
Transactions
- Award
Common Stock (Restricted)
2015-05-07$17.71/sh+2,936$51,997→ 6,039 total
Holdings
- 3,406.32
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (3,406.32 underlying) - 3,406.32
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (3,406.32 underlying)
Footnotes (5)
- [F1]Restrictions lapse on the earlier of (i) the date the Reporting Person no longer serves on the Board of Directors, provided that the Reporting Person has served as a member of the Board of Directors for at least one year following following the grant of restricted stock; (ii) the date of the Reporting Person's death; (iii) the date the Reporting Person suffers from disability; (iv) the date a change in control of the Company occurs; and/or (v) 3 years following the grant date.
- [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 pursuant to the Company's Management Stock Purchase Plan to reflect the Reporting Person's deferral of a portion of her 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.
Documents
Issuer
GIBRALTAR INDUSTRIES, INC.
CIK 0000912562
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000912562
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 3:31 PM ET
- Size
- 13.7 KB