Key facts
- This page summarizes Patrick M. Burns's Form 4 filing for GIBRALTAR INDUSTRIES, INC. (ROCK).
- 1 reported transaction and 2 derivative rows are listed below.
- Accepted by SEC: 23 Feb 2022, 12:53.
Patrick M. Burns - 22 Feb 2022 Form 4 Insider Report for GIBRALTAR INDUSTRIES, INC. (ROCK)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- ROCK
- Reported as of
- 22 Feb 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Feb 2022, 12:53:53 UTC
- Prior SEC filing
- 03 Jan 2022
- Next SEC filing
- 03 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jeffrey J. Watorek, Attorney-in-Fact for Patrick M. Burns
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Patrick M. Burns filed Form 4 for GIBRALTAR INDUSTRIES, INC. (ROCK) on 23 Feb 2022.
Change
- Previous filing in this sequence was filed on 03 Jan 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ROCK
transaction
Performance Stock Unit (March 2021)
Disposed to Issuer
- Transaction value
- $0
- Shares
- -5,110
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 22 Feb 2022
- Ownership
- Direct
- Footnotes
- F1, F2
ROCK
holding
Performance Stock Unit (March 2019)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 11,787
- Date
- 22 Feb 2022
- Ownership
- Direct
ROCK
holding
Performance Stock Unit (March 2020)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,001
- Date
- 22 Feb 2022
- Ownership
- Direct
ROCK
holding
Restricted Stock Unit (LTIP 03/18/2019)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,286
- Date
- 22 Feb 2022
- Ownership
- Direct
ROCK
holding
Restricted Stock Unit (LTIP 3/1/2021)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,300
- Date
- 22 Feb 2022
- Ownership
- Direct
ROCK
holding
Restricted Stock Unit (LTIP 3/2/2020)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,775
- Date
- 22 Feb 2022
- Ownership
- Direct
ROCK
holding
Special Performance Stock Unit (March 2020)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,000
- Date
- 22 Feb 2022
- Ownership
- Direct
ROCK
holding
Special Restricted Stock Unit (March 2019)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,000
- Date
- 22 Feb 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ROCK
holding
Derivative
Restricted Stock Unit (2018 MSPP Match)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,663
- Date
- 22 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,663
- Exercise price
- Footnotes
- F3, F4
ROCK
holding
Derivative
Restricted Stock Unit (2018 MSPP)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,180
- Date
- 22 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,180
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Represents performance units which will be awarded to Reporting Person under the Company's Equity Incentive Plan upon achievement of the targeted return on invested capital for 2021. The maximum number of Performance Units which may be earned is two hundred percent (200%) of the Performance Units awarded for target level performance and the minimum number of Performance Units which may be earned is zero (0) Performance Units.
Footnote F2
Represents a decrease of the targeted number of Performance Units awarded to the Reporting Person on March 1, 2021 under the Company's 2018 Equity Incentive Plan as a result of the Company's achievement of a return on invested capital below the targeted return on invested capital for 2021. The Compensation Committee has reviewed and confirmed the Company's calculation of Return on Invested Capital for 2021 as compared to target and approved the resulting decrease in the number of Performance Units.
Footnote F3
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.
Footnote F4
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.
Footnote F5
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.
Footnote F6
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.