[Form 4] Gibraltar Industries, Inc. Insider Trading Activity
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Watorek Jeffrey J.
Role
VP and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (2018 MSPP Match) | 56.12 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock (401k) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit (2018 MSPP Match) — 1,290.96 shares (Direct);
Common Stock — 18,626 shares (Direct);
Common Stock (401k) — 333.905 shares (Indirect, 401k)
Footnotes (3)
- 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 their annual base salary pursuant to the Company's 2018 Management Stock Purchase Plan.
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