GIBRALTAR INDUSTRIES, INC. — Director's Dealing 2020

Jun 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GIBRALTAR INDUSTRIES, INC. (ROCK)
CIK: 0000912562
Period of Report: 2020-06-03

Reporting Person: Watorek Jeffrey J. (VP, Treasurer, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-03	Common Stock	A	2000	$8.90	Acquired	8082	Direct
2020-06-03	Common Stock	D	2000	$47.90	Disposed	6082	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-03	Option (September 2010)	$8.90	D	2000	Disposed	2020-09-13	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (401k)	333.905	Indirect
Performance Stock Unit (March 2019)	3775	Direct
Performance Stock Units (March 2018)	3608	Direct
Performance Stock Unit (March 2020)	2661	Direct
Restricted Stock Unit (LTIP 3/1/2019)	407	Direct
Restricted Stock Units (LTIP 3/1/2018)	316	Direct
Restricted Stock Unit (LTIP 3/2/2020)	444	Direct
RSU (LTIP 4/3/2017)	127	Direct
RSU (LTIP 9/6/2016)	142	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (September 2011)	$9.74	2021-09-13	Common Stock (2500)	2500	Direct
Restricted Stock Unit (2018 MSPP Match)	$		Common Stock (138.45)	138.45	Direct

Footnotes

F1: Represents acquisition of shares of common stock acquired in connection with Reporting Person's exercise of management stock options.

F2: Represents disposition of shares of common stock acquired in connection with Reporting Person's exercise of management stock options.

F3: Represents the exercise of management stock options.

F4: Twenty-five percent (25%) of the total number of options granted vest and become exercisable on each anniversary grant date.

F5: Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.

F6: Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date. If service as an officer continues beyond the fifth (5th) anniversary of the Reporting Person's vesting commencement date, 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 of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.