4//SEC Filing
GIBRALTAR INDUSTRIES, INC. 4
Accession 0001562180-16-001261
$ROCKCIK 0000912562operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:08 PM ET
Size
51.8 KB
Accession
0001562180-16-001261
Insider Transaction Report
Form 4
Murray Paul
Senior Vice President
Transactions
- Disposition to Issuer
Restricted Stock Unit (LTIP 01/03/2012)
2016-01-03−827→ 0 total - Disposition to Issuer
Common Stock
2016-01-02$25.44/sh−320$8,141→ 10,246 total - Disposition to Issuer
Common Stock
2016-01-03$25.44/sh−350$8,904→ 10,517 total - Disposition to Issuer
Restricted Stock Unit (LTIP 01/02/2014)
2016-01-02−757→ 1,514 total - Award
Restricted Stock Unit (MSPP Match Post-2012)
2015-12-31+336.96→ 14,437.76 total→ Common Stock (336.96 underlying) - Disposition to Issuer
Common Stock
2016-01-02$25.44/sh−321$8,166→ 10,129 total - Award
Common Stock
2016-01-03+477→ 10,867 total - Award
Common Stock
2016-01-02+542→ 10,788 total - Disposition to Issuer
Common Stock
2016-01-02$25.44/sh−398$10,125→ 10,390 total - Disposition to Issuer
Restricted Stock Unit (LTIP 01/02/2013)
2016-01-02−758→ 758 total - Award
Common Stock
2016-01-02+437→ 10,450 total - Disposition to Issuer
Restricted Stock Unit (LTIP 01/02/2015)
2016-01-02−940→ 2,822 total - Award
Restricted Stock Unit (MSPP Post-2012)
2015-12-31$23.97/sh+673.92$16,154→ 22,387.04 total→ Common Stock (673.92 underlying)
Holdings
- 1,760.883(indirect: By 401(k))
Common Stock
- 8,000
Executive Retirement RSU
- 15,000
Restricted Stock Unit (Retirement Supplement)
- 18,008.02
Restricted Stock Unit (MSPP Match)
→ Common Stock (18,008.02 underlying) - 7,080
Performance Units 2013
→ Common Stock (7,080 underlying) - 22,667.33
Restricted Stock Unit (MSPP)
→ Common Stock (22,667.33 underlying) - 16,194
Performance Units 2015
→ Common Stock (16,194 underlying)
Footnotes (22)
- [F1]Represents net shares of common stock acquired by Reporting Person upon conversion of restricted stock units awarded as part of the Company 's Long Term Incentive Plan into common stock upon vesting.
- [F10]Represents remaining restricted stock units awarded on January 3, 2012 as part of the Company 's Long Term Incentive Plan. Twenty-five (25%) of the total units awarded vest and are payable, solely in shares of the Company on each anniversary of the January 3, 2012 award date.
- [F11]Represents matching restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of his base salary pursuant to the Company's Management Stock Purchase Plan.
- [F12]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.
- [F13]Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of his base salary pursuant to the Company's Management Stock Purchase Plan.
- [F14]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.
- [F15]Represents Performance Units which will be awarded to the Reporting Person under the Company 's Equity Incentive Plan upon achievement of the targeted return on invested capital for 2013. The maximum number of Performance Units which may be earned is two hundred percent (200%) of the Performance Units awarded for target level performance and the minimum number of Performance Units which may be earned is zero (0) Performance Units.
- [F16]Performance Units vest and are paid at the end of three (3) consecutive calendar year periods ending December 31, 2015 or, if earlier, upon death, disability or retirement. Performance Units are forfeited if employment is terminated before December 31, 2015 for reasons other than death, disability or retirement or by the Company without cause. Performance Units are payable solely in cash in an amount equal to the ninety (90) day trailing average price of one (1) share of the Company 's common stock determined as of December 31, 2015, or if applicable, death, disability or retirement.
- [F17]Represents Performance Units which will be awarded to the Reporting Person under the Company 's Equity Incentive Plan upon achievement of the targeted return on invested capital for 2015. The maximum number of Performance Units which may be earned is two hundred percent (200%) of the Performance Units awarded for target level performance and the minimum number of Performance Units which may be earned is zero (0) Performance Units.
- [F18]Performance Units vest and are paid at the end of three (3) consecutive calendar year periods ending December 31, 2017 or, if earlier, upon death, disability or retirement. Performance Units are forfeited if employment is terminated before December 31, 2017 for reasons other than death, disability or retirement or by the Company without cause. Performance Units are payable solely in cash in an amount equal to the ninety (90) day trailing average price of one (1) share of the Company 's common stock determined as of December 31, 2017, or if applicable, death, disability or retirement.
- [F19]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.
- [F2]Represents common stock retained by the Company upon conversion of Reporting Person's restricted stock units into shares of common stock in satisfaction of the Reporting Person's individual minimum statutory withholding obligation.
- [F20]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.
- [F21]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 his annual director retainer fee.
- [F22]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.
- [F3]Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the January 2, 2013 award date.
- [F4]Represents remaining restricted stock units awarded on January 2, 2013 as part of the Company 's Long Term Incentive Plan. Twenty-five (25%) of the total units awarded vest and are payable, solely in shares of the Company on each anniversary of the January 2, 2013 award date.
- [F5]Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the January 2, 2014 award date.
- [F6]Represents remaining restricted stock units awarded on January 2, 2014 as part of the Company 's Long Term Incentive Plan. Twenty-five (25%) of the total units awarded vest and are payable, solely in shares of the Company on each anniversary of the January 2, 2014 award date.
- [F7]Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the January 2, 2015 award date.
- [F8]Represents remaining restricted stock units awarded on January 2, 2015 as part of the Company 's Long Term Incentive Plan. Twenty-five (25%) of the total units awarded vest and are payable, solely in shares of the Company on each anniversary of the January 2, 2015 award date.
- [F9]Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the January 3, 2012 award date.
Issuer
GIBRALTAR INDUSTRIES, INC.
CIK 0000912562
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000912562
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:08 PM ET
- Size
- 51.8 KB