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GIBRALTAR INDUSTRIES, INC. — Director's Dealing 2024
Feb 21, 2024
31735_dirs_2024-02-21_cf81c6a8-b833-41fd-bba3-825ef8fec10f.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: 2024-02-20
Reporting Person: Bolanowski Katherine (General Counsel, VP, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-20 | Common Stock | A | 5788 | — | Acquired | 12499 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit (2018 MSPP Match) | $ | Common Stock (3080.04) | 3080.04 | Direct |
Footnotes
F1: The shares represent Performance Stock Units issued under the Registrant's 2018 Equity Incentive Plan (which was amended and restated in 2023) that have been granted to the Reporting Person based upon satisfaction of the performance criteria. The shares vest on March 1, 2026.
F2: Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
F3: 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.