AI assistant
GIBRALTAR INDUSTRIES, INC. — Director's Dealing 2020
Jan 3, 2020
31735_dirs_2020-01-03_7a8ee102-a75b-4cb8-b9b1-b2b553c76de4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GIBRALTAR INDUSTRIES, INC. (ROCK)
CIK: 0000912562
Period of Report: 2019-12-31
Reporting Person: Syvrud Cherri (Senior Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-31 | Restricted Stock Unit (2018 MSPP Match) | $ | A | 62.19 | Acquired | Common Stock (62.19) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1683 | Direct |
| Common Stock | 220.574 | Indirect |
| Discretionary Restricted Stock Units (February 2017) | 2000 | Direct |
| Performance Stock Unit (March 2019) | 7150 | Direct |
| Performance Stock Units (February 2017) | 1350 | Direct |
| Performance Stock Units (March 2018) | 7732 | Direct |
| Restricted Stock Unit (LTIP 3/1/2019) | 1787 | Direct |
| Restricted Stock Unit (LTIP 6/10/2016) | 456 | Direct |
| Restricted Stock Units (LTIP 02/01/2017) | 726 | Direct |
| Restricted Stock Units (LTIP 3/1/2018) | 1518 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit (MSPP Match Post-2012) | $ | Common Stock (2655.5) | 2655.5 | Direct | |
| Restricted Stock Unit (MSPP Post-2012) | $ | Common Stock (2655.5) | 2655.5 | Direct |
Footnotes
F1: Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of her annual base salary pursuant to the Company's 2018 Management Stock Purchase Plan.
F2: 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 (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 an officer of the Company.
F3: Represents matching restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of her annual cash incentive compensation pursuant to the Company's Management Stock Purchase Plan.
F4: Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to age sixty (60). If service as an officer 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 an officer of the Company.
F5: Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of her annual cash incentive compensation pursuant to the Company's Management Stock Purchase Plan.
F6: 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 an officer 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 an officer of the Company.