Patrick Burns - Dec 31, 2021 Form 4 Insider Report for GIBRALTAR INDUSTRIES, INC. (ROCK)

Signature
/s/ Jeffrey J. Watorek, Attorney-in-Fact for Patrick M. Burns
Stock symbol
ROCK
Transactions as of
Dec 31, 2021
Transactions value $
$30,289
Form type
4
Date filed
1/3/2022, 01:28 PM
Previous filing
Dec 1, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ROCK Performance Stock Unit (March 2019) 11.8K Dec 31, 2021 Direct
holding ROCK Performance Stock Unit (March 2020) 9K Dec 31, 2021 Direct
holding ROCK Performance Stock Unit (March 2021) 5.11K Dec 31, 2021 Direct
holding ROCK Restricted Stock Unit (LTIP 03/18/2019) 2.29K Dec 31, 2021 Direct
holding ROCK Restricted Stock Unit (LTIP 3/1/2021) 2.3K Dec 31, 2021 Direct
holding ROCK Restricted Stock Unit (LTIP 3/2/2020) 2.78K Dec 31, 2021 Direct
holding ROCK Special Performance Stock Unit (March 2020) 9K Dec 31, 2021 Direct
holding ROCK Special Restricted Stock Unit (March 2019) 5K Dec 31, 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 +170 +3.09% $0.00 5.66K Dec 31, 2021 Common Stock 170 Direct F1, F2, F3
transaction ROCK Restricted Stock Unit (2018 MSPP) Award $30.3K +424 +11.29% $71.40 4.18K Dec 31, 2021 Common Stock 424 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.