SEC Form 5 · accession 0001562180-16-001997

GIBRALTAR INDUSTRIES, INC. · ROCK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Arthur A Russ Jr.

Director

Period of report

Dec 31, 2016

Accepted (ET)

Mar 17, 2016 · 4:55 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000912562

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Stock	holding	—	—	—	13,783	D
Common Stock	holding	—	—	—	2,300	I	By Wife
Common Stock	holding	—	—	—	28,267	I	Testamentary Trust
Common Stock	holding	—	—	—	28,267	I	Trust
Common Stock (Restricted)	holding	—	—	—	9,156	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit (MSPP Match Post-2012)^F1	—	holding	—	—	—	—	—	Common Stock	5,087	5,087	D
Restricted Stock Unit (MSPP Match)^F2	—	holding	—	—	—	—	—	Common Stock	11,159	11,159	D
Restricted Stock Unit (MSPP Post-2012)^F3	—	holding	—	—	—	—	—	Common Stock	8,906	8,906	D
Restricted Stock Unit (MSPP)^F4	—	holding	—	—	—	—	—	Common Stock	23,970	23,970	D

Explanation of responses

F1Restricted 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.
F2Restricted 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 five (5) consecutive, substantially equal annual installments, beginning in January of the year in which termination of service occurs. 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.
F3Restricted 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 as a member of the Company's Board of Directors. 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.
F4Restricted stock units are payable solely in cash in five (5) consecutive, substantially equal annual installments beginning in January of the year following the year in which termination of service as a member of the Company's Board of Directors occurs. 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