SEC Form 4 · accession 0001562180-17-002921
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
Sep 3, 2017
Accepted (ET)
Sep 8, 2017 · 6:17 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 3, 2017 | A | 336 | $0.00 | A | 2,276 | D | |
| Common StockF2 | Sep 3, 2017 | F | 122 | $29.30 | D | 2,154 | D | |
| RSU (LTIP 9/3/2013)F3 | Sep 3, 2017 | D | 336 | $0.00 | D | 0 | D | |
| Common StockF1 | Sep 4, 2017 | A | 299 | $0.00 | A | 2,453 | D | |
| Common StockF2 | Sep 4, 2017 | F | 108 | $29.30 | D | 2,345 | D | |
| Common StockF1 | Sep 4, 2017 | A | 309 | $0.00 | A | 2,654 | D | |
| Common StockF2 | Sep 4, 2017 | F | 112 | $29.30 | D | 2,542 | D | |
| RSU (LTIP 9/4/2014)F4 | Sep 4, 2017 | D | 299 | $0.00 | D | 299 | D | |
| RSU (LTIP 9/4/2015)F5 | Sep 4, 2017 | D | 309 | $0.00 | D | 618 | D | |
| Common StockF1 | Sep 6, 2017 | A | 142 | $0.00 | A | 2,684 | D | |
| Common StockF2 | Sep 6, 2017 | F | 52 | $28.90 | D | 2,632 | D | |
| RSU (LTIP 9/6/2016)F6 | Sep 6, 2017 | D | 142 | $0.00 | D | 426 | D | |
| Common Stock | holding | — | — | — | 1,940 | D | ||
| Common Stock (401k) | holding | — | — | — | 359 | I | 401k | |
| Discretionary RSU (Feb 2016) | holding | — | — | — | 1,200 | D | ||
| Discretionary RSU (May 2017) | holding | — | — | — | 2,000 | 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)F7 | $22.16 | holding | — | — | — | — | Sep 9, 2018 | Common Stock | 1,000 | 1,000 | D |
| Option (September 2009)F7 | $13.72 | holding | — | — | — | — | Sep 14, 2019 | Common Stock | 2,000 | 2,000 | D |
| Option (September 2010)F7 | $8.90 | holding | — | — | — | — | Sep 13, 2020 | Common Stock | 2,000 | 2,000 | D |
| Option (September 2011)F7 | $9.74 | holding | — | — | — | — | Sep 13, 2021 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Represents the conversion of restricted stock units awarded as part of the Company 's Long Term Incentive Plan into common stock upon vesting.
- F2Represents common stock retained by the Company upon conversion of Reporting Person's restricted stock units into shares of common stock in satisfaction of the Reporting Person's individual minimum statutory withholding obligation.
- F3Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the September 3, 2013 award date.
- F4Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the September 4, 2014 award date.
- F5Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the September 4, 2015 award date.
- F6Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the September 6, 2016 award date.
- F7Twenty-five percent (25%) of the total number of options granted vest and become exercisable on each anniversary grant date.