Nish James B 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Feb 27, 2019
Insider Transaction Report
Form 4
Nish James B
Director
Transactions
- Disposition to Issuer
Common Stock
2019-02-25$42.57/sh−1,322$56,278→ 0 total
Holdings
- 6,536
Deferred Stock Units
- 587.89
Restricted Stock Unit (MSPP Match Post-2012)
→ Common Stock (587.89 underlying) - 3,852.23
Restricted Stock Unit (MSPP Post-2012)
→ Common Stock (3,852.23 underlying)
Footnotes (2)
- [F1]Restricted stock units are forfeited if Reporting Person's service as a director of the Company is terminated prior to age sixty (60). If service as a director continues through age sixty (60), 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 (200 day rolling average) of one share of the Company's common stock on the date of termination of the Reporting Person's service as a director of the Company.
- [F2]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 as a director of the Company. Each restricted stock unit is converted to cash in an amount equal to the fair market value (200 day rolling average) of one share of the Company's common stock on the date of termination of the Reporting Person's service as a director of the Company.