5//SEC Filing
MONTAGUE WILLIAM P 5
Accession 0001562180-19-003041
CIK 0000912562other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 5:54 PM ET
Size
14.0 KB
Accession
0001562180-19-003041
Insider Transaction Report
Form 5
MONTAGUE WILLIAM P
Director
Transactions
- Award
Common Stock
2010-12-31+1,000→ 37,774 total
Holdings
- 2,000
Common Stock (Restricted)
- 9,039
Deferred Stock Units
- 3,812.69
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (3,812.69 underlying) - 7,431.61
Restricted Stock Unit (MSPP Match)
→ Common Stock (7,431.61 underlying) - 3,812.69
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (3,812.69 underlying) - 14,873.74
Restricted Stock Unit (MSPP)
→ Common Stock (14,873.74 underlying)
Footnotes (5)
- [F1]Reported to correct an underreporting of the total number of shares of the Company's common stock owned by Reporting Person, which underreporting was determined to exist based on an audit of the shareholdings of Reporting Person. Reporting Person believes the underreporting arises from an administrative oversight, occurring prior to 2011, in which restricted shares awarded to the Reporting Person in connection with his service as a member of the Company's Board of Directors were not reported.
- [F2]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.
- [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 five (5) consecutive, substantially equal annual installments, beginning in January of the year following the year in which termination of service occurs. 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.
- [F5]Restricted stock units are payable solely in cash in five (5) consecutive, substantially equal annual installments beginning in January of the year following the year in which termination of service as a member of the Company's Board of Directors occurs. 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 typeother
Related Parties
1- filerCIK 0001225532
Filing Metadata
- Form type
- 5
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 5:54 PM ET
- Size
- 14.0 KB