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GIBRALTAR INDUSTRIES, INC. — Director's Dealing 2017
May 9, 2017
31735_dirs_2017-05-09_10a44c7c-1027-40c9-a9bb-d3247e22e1d1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GIBRALTAR INDUSTRIES, INC. (ROCK)
CIK: 0000912562
Period of Report: 2017-05-05
Reporting Person: KHILNANI VINOD M (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-05 | Common Stock | A | 2034.00 | $0.00 | Acquired | 4423.00 | Direct |
| 2017-05-05 | Common Stock | A | 529.00 | $0.00 | Acquired | 4952.00 | Direct |
| 2017-05-05 | Common Stock (Restricted) | D | 529.00 | $0.00 | Disposed | 2936.00 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit (MSPP Match Post-2012) | $ | Common Stock (2240.12) | 2240.12 | Direct | |
| Restricted Stock Unit (MSPP Post-2012) | $ | Common Stock (4782.64) | 4782.64 | Direct |
Footnotes
F1: 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.
F2: Reported solely to reflect the vesting of formerly restricted shares of common stock held 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.