SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KORNBREKKE HENNING

(Last) (First) (Middle)
3556 LAKESHORE ROAD
PO BOX 2028

(Street)
BUFFALO NY 14219

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GIBRALTAR INDUSTRIES, INC. [ Rock ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock Unit 04/27/2007 A 24,839(1) A $0 24,839(1) D
Restricted Stock Unit 45,000(2) D
Common stock 7,500(3) D
Restricted Stock Unit 19,700(4) D
Restricted Stock Unit 22,257(5) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (6) (7) (7) Common Stock 11,780.22 11,780.22 D
Restricted Stock Unit (8) (7) (7) Common Stock 11,780.22 11,780.22 D
Restricted Stock Unit (9) (7) (7) Common stock 21,444 21,444 D
Explanation of Responses:
1. Restricted Stock Unit awarded as part of Company's long term compensation plan. Fifty percent (50%) of total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the April 27, 2007 award date.
2. Restricted Stock Units awarded as a supplemental retirement benefit. Units vest and are payable, solely in shares of common stock of the Company six (6) months following retirement at or after age 61 and one-half.
3. Includes 1,500 shares of restricted stock.
4. Restricted Stock Units awarded as part of Company's long term incentive plan. Units vest and are payable, solely in shares of common stock of the Company on April 6, 2009.
5. Restricted Stock Units awarded as part of Company's long term incentive plan. One-third of the total Units awarded vest and are payable, solely in shares of common stock of the company on each anniversary of the March 1, 2006 award date.
6. Restricted Stock Units awarded under the terms of the management stock purchase plan through deferral of a portion of annual incentive compensation award.
7. Restricted Stock Units are payable solely in cash in five (5) consecutive, substantially equal annual installments beginning six (6) months following termination of employment.
8. Restricted Stock Units awarded by the Company under the terms of the management stock purchase plan to match restricted stock units acquired through deferral of a portion of annual incentive compensation award.
9. Restricted Stock Units awarded under the terms of the Company's management stock purchase plan. Each unit has a value equal to the value of one share of the Company's common stock upon payment six (6) months following termination of employment.
/s/Paul J. Schulz, Attorney in Fact for Henning Kornbrekke 05/01/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.