SEC Form 4 · accession 0001562180-17-001825
GIBRALTAR INDUSTRIES, INC. · ROCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey J. Watorek
Officer — VP, Treasurer, Secretary
Period of report
May 4, 2017
Accepted (ET)
May 8, 2017 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912562
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Discretionary RSU (May 2017)F1 | May 4, 2017 | A | 2,000 | $0.00 | A | 2,000 | D | |
| Common Stock | holding | — | — | — | 1,940 | D | ||
| Common Stock (401k) | holding | — | — | — | 359 | I | 401k | |
| Discretionary RSU (Feb 2016) | holding | — | — | — | 1,200 | D | ||
| Performance Stock Units (April 2017) | holding | — | — | — | 2,023 | D | ||
| RSU (LTIP 4/3/2017) | holding | — | — | — | 506 | D | ||
| RSU (LTIP 9/3/2013) | holding | — | — | — | 336 | D | ||
| RSU (LTIP 9/4/2014) | holding | — | — | — | 598 | D | ||
| RSU (LTIP 9/4/2015) | holding | — | — | — | 927 | D | ||
| RSU (LTIP 9/6/2016) | holding | — | — | — | 568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (September 2008)F2 | $22.16 | holding | — | — | — | — | Sep 9, 2018 | Common Stock | 1,000 | 1,000 | D |
| Option (September 2009)F2 | $13.72 | holding | — | — | — | — | Sep 14, 2019 | Common Stock | 2,000 | 2,000 | D |
| Option (September 2010)F2 | $8.90 | holding | — | — | — | — | Sep 13, 2020 | Common Stock | 2,000 | 2,000 | D |
| Option (September 2011)F2 | $9.74 | holding | — | — | — | — | Sep 13, 2021 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Represents Discretionary Restricted Stock Units issued to Reporting Person. Discretionary Restricted Stock Units vest and are payable, solely in shares of common stock of the Company, at the end of three (3) consecutive calendar year periods beginning on May 4, 2017 ending on May 3, 2020 or, if earlier, upon death or disability. Restricted Stock Units are forfeited if employment is terminated before May 3, 2020, for reasons other than death or disability.
- F2Twenty-five percent (25%) of the total number of options granted vest and become exercisable on each anniversary grant date.