Patrick Burns - 30 Jun 2021 Form 4 Insider Report for GIBRALTAR INDUSTRIES, INC. (ROCK)

Signature
/s/ Jeffrey J. Watorek, Attorney-in-Fact for Patrick M. Burns
Issuer symbol
ROCK
Transactions as of
30 Jun 2021
Net transactions value
+$30,288
Form type
4
Filing time
01 Jul 2021, 15:12:09 UTC
Next filing
01 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ROCK Common Stock 3,179 30 Jun 2021 Direct
holding ROCK Performance Stock Unit (March 2019) 11,787 30 Jun 2021 Direct
holding ROCK Performance Stock Unit (March 2020) 9,001 30 Jun 2021 Direct
holding ROCK Performance Stock Unit (March 2021) 5,110 30 Jun 2021 Direct
holding ROCK Restricted Stock Unit (LTIP 03/18/2019) 2,286 30 Jun 2021 Direct
holding ROCK Restricted Stock Unit (LTIP 3/1/2021) 2,300 30 Jun 2021 Direct
holding ROCK Restricted Stock Unit (LTIP 3/2/2020) 2,775 30 Jun 2021 Direct
holding ROCK Special Performance Stock Unit (March 2020) 9,000 30 Jun 2021 Direct
holding ROCK Special Restricted Stock Unit (March 2019) 5,000 30 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ROCK Restricted Stock Unit (2018 MSPP Match) Award $0 +147 +2.8% $0.000000 5,349 30 Jun 2021 Common Stock 147 Direct F1, F2, F3
transaction ROCK Restricted Stock Unit (2018 MSPP) Award $30,288 +367 +12% $82.64 3,395 30 Jun 2021 Common Stock 367 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
F2 Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date. If service as an officer continues beyond the fifth (5th) anniversary of the Reporting Person's vesting commencement date, 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 of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.
F3 Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of his annual base salary pursuant to the Company's 2018 Management Stock Purchase Plan.
F4 Represents restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
F5 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 of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.
F6 Represents restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary pursuant to the Company's 2018 Management Stock Purchase Plan.