4//SEC Filing
GIBRALTAR INDUSTRIES, INC. 4
Accession 0001562180-17-001917
$ROCKCIK 0000912562operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 5:06 PM ET
Size
12.6 KB
Accession
0001562180-17-001917
Insider Transaction Report
Form 4
Corwin Jane L.
Director
Transactions
- Disposition to Issuer
Common Stock (Restricted)
2017-05-05−3,103→ 2,936 total - Award
Common Stock
2017-05-05+3,103→ 3,103 total - Award
Deferred Stock Units
2017-05-05+2,034→ 4,423 total
Holdings
- 6,168.67
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (6,168.67 underlying) - 3,406.32
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (3,406.32 underlying)
Footnotes (4)
- [F1]Reported solely to reflect the vesting of formerly restricted shares of common stock held by the Reporting Person.
- [F2]Represents shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors. Pursuant to the Company's Non-Employee Director Stock Deferral Plan, the Reporting Person has irrevocably elected to defer her receipt of the shares of common stock represented by the Deferred Stock Unit. Six (6) months following termination of the Reporting Person's service as a Member of the Company's Board of Directors, shares of common stock represented by the Deferred Stock Units are issued to the Reporting Person in one lump sum or in five (5) or ten (10) substantially equal installments, whichever is elected by the Reporting Person.
- [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]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 8, 8:00 PM ET
- Accepted
- May 9, 5:06 PM ET
- Size
- 12.6 KB