SEC Form 4 · accession 0001562180-19-001875
GIBRALTAR INDUSTRIES, INC. · ROCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cherri Syvrud
Officer — Senior Vice President
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 5:19 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 Stock | holding | — | — | — | 1,362 | D | ||
| Common Stock | holding | — | — | — | 221 | I | 401(k) | |
| Discretionary Restricted Stock Units (February 2017) | holding | — | — | — | 2,000 | D | ||
| Performance Stock Unit (March 2019) | holding | — | — | — | 7,150 | D | ||
| Performance Stock Units (February 2017) | holding | — | — | — | 1,350 | D | ||
| Performance Stock Units (March 2018) | holding | — | — | — | 7,732 | D | ||
| Restricted Stock Unit (LTIP 3/1/2019) | holding | — | — | — | 1,787 | D | ||
| Restricted Stock Unit (LTIP 6/10/2016) | holding | — | — | — | 911 | D | ||
| Restricted Stock Units (LTIP 02/01/2017) | holding | — | — | — | 726 | D | ||
| Restricted Stock Units (LTIP 3/1/2018) | holding | — | — | — | 1,518 | 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,F2 | — | Mar 8, 2019 | A | 471 | A | — | — | Common Stock | 471 | 2,656 | D |
| Restricted Stock Unit (MSPP Post-2012)F3,F4 | — | Mar 8, 2019 | A | 471 | A | — | — | Common Stock | 471 | 2,656 | D |
Explanation of responses
- F1Represents matching restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of her annual cash incentive compensation pursuant to the Company's Management Stock Purchase Plan.
- F2Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to age sixty (60). If service as an officer 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 an officer of the Company.
- F3Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of her annual cash incentive compensation pursuant to the Company's Management Stock Purchase Plan.
- F4Restricted 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 an officer of the Company. 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 an officer of the Company.