SEC Form 5 · accession 0001562180-18-000954

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

Dec 31, 2017

Accepted (ET)

Feb 14, 2018 · 6:18 pm EST

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 Stock (401k)^F1,F2	Jun 19, 2017	P	3	$34.797	A	363	I	401k
Common Stock (401k)^F3	Jun 30, 2017	S	70	$35.57	D	293	I	401k
Common Stock (401k)^F4	Jul 5, 2017	P	0	$35.92	A	294	I	401k
Common Stock (401k)^F5	Jul 6, 2017	P	0	$35.90	D	294	I	401k
Common Stock (401k)^F4	Jul 17, 2017	P	1	$33.77	A	294	I	401k
Common Stock (401k)^F4	Jul 31, 2017	P	1	$29.95	A	295	I	401k
Common Stock (401k)^F6	Aug 14, 2017	P	0	$28.81	A	295	I	401k
Common Stock (401k)^F6	Aug 14, 2017	P	0	$28.97	A	295	I	401k
Common Stock (401k)^F4	Aug 14, 2017	P	1	$28.92	A	296	I	401k
Common Stock (401k)^F6	Aug 28, 2017	P	0	$28.17	A	296	I	401k
Common Stock (401k)^F6	Aug 28, 2017	P	0	$28.09	A	296	I	401k
Common Stock (401k)^F4	Aug 28, 2017	P	1	$28.29	A	297	I	401k
Common Stock (401k)^F6	Sep 1, 2017	P	34	$29.43	A	330	I	401k
Common Stock (401k)^F6	Sep 1, 2017	P	0	$29.69	A	330	I	401k
Common Stock (401k)^F4	Sep 11, 2017	P	1	$28.87	A	331	I	401k
Common Stock (401k)^F4	Sep 25, 2017	P	1	$29.63	A	331	I	401k
Common Stock (401k)^F4	Oct 10, 2017	P	1	$31.92	A	332	I	401k
Common Stock (401k)^F4	Oct 23, 2017	P	1	$32.73	A	332	I	401k
Common Stock (401k)^F4	Nov 6, 2017	P	1	$33.11	A	333	I	401k
Common Stock (401k)^F4	Nov 20, 2017	P	1	$31.86	A	333	I	401k
Common Stock (401k)^F4	Dec 4, 2017	P	1	$31.45	A	334	I	401k
Common Stock	holding	—	—		—	2,632	D
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 9/4/2014)	holding	—	—		—	299	D
RSU (LTIP 9/4/2015)	holding	—	—		—	618	D
RSU (LTIP 9/6/2016)	holding	—	—		—	426	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

F1Reflects shares of common stock of the Company acquired under the terms of the Company's 401(k) Plan through ordinary course deferrals of compensation by the Reporting Person together with matching Company purchases of common stock of the Company, all in accordance with the terms of the Company's 401(k) Plan during the period April 1, 2017 through June 30, 2017.
F2Reflects average purchase price for shares of common stock of the Company acquired under the terms of the Company's 401(k) Plan through ordinary course deferrals of compensation by the Reporting Person together with matching Company purchases of common stock of the Company, all in accordance with the terms of the Company's 401(k) Plan during the period April 1, 2017 through June 30, 2017.
F3Reflects a sale of shares of common stock held for the benefit of the Reporting Person under the terms of the Company's 401(k) Plan in connection with a plan loan extended by the 401(k) Plan to the Reporting Person. The sale of shares by the Company's 401(k) Pan was the result of inadvertent administrative error. There were no short swing profits realized by the Reporting Person as a result of purchases of common stock of the Company made for the benefit of the Reporting Person during the six month period preceding the sale of shares of the Company's common stock in connection with the loan made by the Company's 401(k) Plan.
F4Reflects shares of common stock of the Company acquired under the terms of the Company's 401(k) Plan through ordinary course deferrals of compensation by the Reporting Person together with matching Company purchases of common stock of the Company, all in accordance with the terms of the Company's 401(k) Plan. Short swing profits in the amount of $245.48 realized by the Reporting Person in connection with all 401(k) Plan purchases made on behalf of the Reporting Person during the six month period following the sale of shares of common stock of the Company in connection with the 401(k) Plan loan have been disgorged to the Company.
F5Reflects a sale of shares of common stock held for the benefit of the Reporting Person under the terms of the Company's 401(k) Plan in connection with the recovery of the 401(k) plan loan set up fee from the Reporting Person's account under the Company's 401(k) Plan. The sale of shares by the Company's 401(k) Plan was the result of inadvertent administrative error. There were no short swing profits realized by the Reporting Person as a result of purchases of common stock of the Company made for the benefit of the Reporting Person under the Company's 401(k) Plan during the six month period preceding the sale of shares of the Company's common stock in connection with the recovery of the 401(k) plan loan set up fee from the Reporting Person's account under the terms of the Company's 401(k) Plan.
F6Reflects shares of common stock of the Company acquired under the terms of the Company's 401(k) Plan in connection with the Reporting Person's repayment of the loan from the Company's 401(k) Plan. Short swing profits in the amount of $245.48 realized by the Reporting Person in connection with all 401(k) Plan purchases made on behalf of the Reporting Person during the six month period following the sale of shares of common stock of the Company in connection with the 401(k) Plan loan have been disgorged to the Company.
F7Twenty-five percent (25%) of the total number of options granted vest and become exercisable on each anniversary grant date.