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GIBRALTAR INDUSTRIES, INC. — Director's Dealing 2017
Apr 5, 2017
31735_dirs_2017-04-05_2921bc2d-a29b-46bf-a1ce-4beeed9f63db.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: 2017-04-03
Reporting Person: Watorek Jeffrey J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-03 | Performance Stock Units (April 2017) | A | 2023.00 | $0.00 | Acquired | 2023.00 | Direct |
| 2017-04-03 | RSU (LTIP 4/3/2017) | A | 506.00 | $0.00 | Acquired | 506.00 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1940.00 | Direct |
| Common Stock (401k) | 359.43 | Indirect |
| Discretionary RSU (Feb 2016) | 1200.00 | Direct |
| RSU (LTIP 9/3/2013) | 336.00 | Direct |
| RSU (LTIP 9/4/2014) | 598.00 | Direct |
| RSU (LTIP 9/4/2015) | 927.00 | Direct |
| RSU (LTIP 9/6/2016) | 568.00 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (September 2008) | $22.16 | 2018-09-09 | Common Stock (1000.00) | 1000.00 | Direct |
| Option (September 2009) | $13.72 | 2019-09-14 | Common Stock (2000.00) | 2000.00 | Direct |
| Option (September 2010) | $8.90 | 2020-09-13 | Common Stock (2000.00) | 2000.00 | Direct |
| Option (September 2011) | $9.74 | 2021-09-13 | Common Stock (2500.00) | 2500.00 | Direct |
Footnotes
F1: 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 2017. 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.
F2: 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 April 3, 2018 and on each April 3rd thereafter through April 3, 2021.
F3: Twenty-five percent (25%) of the total number of options granted vest and become exercisable on each anniversary grant date.