GIBRALTAR INDUSTRIES, INC. 4

Accession 0001562180-16-001503

$ROCKCIK 0000912562operating

View on SEC.gov Company Profile

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 5:51 PM ET

Size

32.8 KB

Accession

0001562180-16-001503

Insider Transaction Report

Form 4

Period: 2016-02-01

GIBRALTAR INDUSTRIES, INC.ROCK

Murray Paul

Senior Vice President

Transactions

Award
Restricted Stock Unit (LTIP 02/01/2016)
2016-02-01+3,058→ 3,058 total
Award
Performance Units (2016)
2016-02-01+10,375→ 10,375 total
→ Common Stock (10,375 underlying)

Holdings

Performance Units 2015
→ Common Stock (16,194 underlying)
16,194
Restricted Stock Unit (MSPP Match)
→ Common Stock (18,008.02 underlying)
18,008.02
Restricted Stock Unit (MSPP)
→ Common Stock (22,667.33 underlying)
22,667.33
Restricted Stock Unit (LTIP 01/02/2013)
758
Restricted Stock Unit (Retirement Supplement)
15,000
Performance Units 2013
→ Common Stock (7,080 underlying)
7,080
Common Stock
11,906
Common Stock
(indirect: By 401(k))
1,760.883
Executive Retirement RSU
8,000
Restricted Stock Unit (LTIP 01/02/2014)
1,514
Restricted Stock Unit (LTIP 01/02/2015)
2,822
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (14,437.76 underlying)
14,437.76
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (22,387.04 underlying)
22,387.04

Footnotes (9)

[F1]Represents 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 February 1, 2016 and on each February 1st thereafter through February 1st, 2020.
[F2]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 2016. 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.
[F3]Performance Units vest and are paid at the end of the three (3) consecutive calendar year periods ending December 31, 2018 or, if earlier, upon death, disability or retirement. Performance Units are forfeited if employment is terminated before December 31, 2018 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, 2018, or if applicable, as of the Reporting Person's death, disability or retirement.
[F4]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.
[F5]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.
[F6]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.
[F7]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.
[F8]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.
[F9]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.

Documents

2 files

Issuer

GIBRALTAR INDUSTRIES, INC.

CIK 0000912562

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000912562

Filing Metadata

Form type: 4
Filed: Feb 2, 7:00 PM ET
Accepted: Feb 3, 5:51 PM ET
Size: 32.8 KB

View on SEC.gov