4//SEC Filing
GIBRALTAR INDUSTRIES, INC. 4
Accession 0001562180-16-002761
$ROCKCIK 0000912562operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 12:12 PM ET
Size
30.2 KB
Accession
0001562180-16-002761
Insider Transaction Report
Form 4
SMITH KENNETH WALTER
Senior VP & CFO
Transactions
- Award
Restricted Stock Unit (MSPP Post-2012)
2016-06-30$28.78/sh+809.86$23,308→ 65,425.56 total→ Common Stock (809.86 underlying) - Award
Restricted Stock Unit (MSPP Match Post-2012)
2016-06-30+404.93→ 46,563.36 total→ Common Stock (404.93 underlying)
Holdings
- 8,147
Restricted Stock Unit (LTIP 01/02/2015)
- 20,000
Restricted Stock Unit (Retirement Supplement)
- 2,387
Restricted Stock Unit (LTIP 01/02/2013)
- 12,500
Restricted Stock Units (December 2015)
- 46,158.43
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (46,158.43 underlying) - 64,615.7
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (64,615.7 underlying) - 25,000
Performance Stock Units (December 2015)
- 4,581
Restricted Stock Unit (LTIP 01/02/2014)
- 40,032.08
Restricted Stock Unit (MSPP Match)
→ Common Stock (40,032.08 underlying) - 49,882.03
Restricted Stock Unit (MSPP)
→ Common Stock (49,882.03 underlying) - 52,764
Common Stock
- 10,000
Executive Retirement RSU
- 8,825
Restricted Stock Unit (LTIP 02/01/2016)
- 16,632
Performance Units (2016)
→ Common Stock (16,632 underlying) - 51,956
Performance Units 2015
→ Common Stock (51,956 underlying) - 12,500
Option (December 2015)
Exercise: $25.44From: 2018-12-31Exp: 2028-12-31→ Common Stock (12,500 underlying)
Footnotes (8)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [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 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.
Issuer
GIBRALTAR INDUSTRIES, INC.
CIK 0000912562
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000912562
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 12:12 PM ET
- Size
- 30.2 KB