Jeffrey J. Watorek - Nov 1, 2024 Form 4 Insider Report for GIBRALTAR INDUSTRIES, INC. (ROCK)

Role
VP and Treasurer
Signature
/s/ Lori A. Rizzo, Attorney-in-Fact for Jeffrey J. Watorek
Stock symbol
ROCK
Transactions as of
Nov 1, 2024
Transactions value $
$0
Form type
4
Date filed
11/4/2024, 03:21 PM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROCK Common Stock Award $0 +600 +3.45% $0.00 18K Nov 1, 2024 Direct F1
holding ROCK Common Stock (401k) 334 Nov 1, 2024 401k

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
holding ROCK Restricted Stock Unit (2018 MSPP Match) 1.04K Nov 1, 2024 Common Stock 1.04K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Discretionary Restricted Stock Units awarded to Reporting Person. Discretionary Restricted Stock Units vest and are payable, solely in shares of common stock of the Company, at the end of three (3) consecutive calendar year periods beginning November 1st, 2024 ending November 1st, 2027 or, if earlier, upon death or disability. Discretionary Restricted Stock Units are forfeited if employment is terminated before November 1st, 2027, for reasons other than death or disability.
F2 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.
F3 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.