X0306 4 2017-02-01 false 0000912562 GIBRALTAR INDUSTRIES, INC. ROCK 0001543942 Murphy Timothy F. 3556 LAKE SHORE ROAD P.O. BOX 2028 BUFFALO NY 14219-0228 false true false false VP, Treasurer and Secretary Common Stock 2017-02-01 4 A false 291.00 0.00 A 9857.00 D Common Stock 2017-02-01 4 F false 124.00 43.05 D 9733.00 D Performance Stock Unit (February 2017) 2017-02-01 4 A false 3554.00 0.00 A 3554.00 D Restricted Stock Unit (02/01/2017) 2017-02-01 4 A false 592.00 0.00 A 592.00 D Restricted Stock Unit (LTIP 02/01/2016) 2017-02-01 4 D false 291.00 0.00 D 874.00 D Discretionary Restricted Stock Unit (February 2016) 3000.00 D Executive Retirement RSU 17000.00 D Restricted Stock Unit (LTIP 01/02/2014) 254.00 D Restricted Stock Unit (LTIP 01/02/2015) 643.00 D Performance Units (2016) Common Stock 5928.00 5928.00 D Performance Units 2015 Common Stock 16600.00 16600.00 D Restricted Stock Unit (MSPP Match Post-2012) Common Stock 7207.81 7207.81 D Restricted Stock Unit (MSPP Match) Common Stock 3208.76 3208.76 D Restricted Stock Unit (MSPP Post-2012) Common Stock 11280.20 11280.20 D Restricted Stock Unit (MSPP) Common Stock 8056.93 8056.93 D Represents the conversion of restricted stock units to shares of common stock upon vesting of restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company on each anniversary of the February 1, 2016 award date. Represents common stock retained by the Company upon conversion of Reporting Person's restricted stock units into shares of common stock in satisfaction of the Reporting Person's individual minimum statutory withholding obligation. Represents Performance Units which will be awarded to the Reporting Person under the Company 's Equity Incentive Plan upon achievement of the targeted return on invested capital for 2017. 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. Represents restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company, on February 1, 2018 and on each February 1st thereafter through February 1st, 2021. Represents restricted stock units awarded as part of the Company 's Long Term Incentive Plan. Twenty-five percent (25%) of the total units awarded vest and are payable, solely in shares of common stock of the Company, on February 1, 2017 and on each February 1st thereafter through February 1, 2020. Represents remaining restricted stock units awarded on February 1, 2016 as part of the Company 's Long Term Incentive Plan. Twenty-five (25%) of the total units awarded vest and are payable, solely in shares of the Company on each anniversary of the February 1, 2016 award date. Performance Units vest and are paid at the end of the three (3) consecutive calendar year periods ending December 31, 2018 or, if earlier, upon death, disability or retirement. Performance Units are forfeited if employment is terminated before December 31, 2018 for reasons other than death, disability or retirement or by the Company without cause. Performance Units are payable solely in cash in an amount equal to the ninety (90) day trailing average price of one (1) share of the Company 's common stock determined as of December 31, 2018, or if applicable, as of the Reporting Person's death, disability or retirement. Performance Units vest and are paid at the end of three (3) consecutive calendar year periods ending December 31, 2017 or, if earlier, upon death, disability or retirement. Performance Units are forfeited if employment is terminated before December 31, 2017 for reasons other than death, disability or retirement or by the Company without cause. Performance Units are payable solely in cash in an amount equal to the ninety (90) day trailing average price of one (1) share of the Company 's common stock determined as of December 31, 2017, or if applicable, death, disability or retirement. Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to age sixty (60). If service as an officer 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 an officer of the Company. Restricted stock units are forfeited if employment is terminated prior to age sixty (60). If employment continues through age sixty (60), restricted stock units are payable solely in cash in five (5) consecutive substantially equal annual installments beginning six (6) months following termination of employment. 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 the Reporting Person's employment is terminated. 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 an officer 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 an officer of the Company. Restricted stock units are payable solely in cash in five (5) consecutive, substantially equal annual installments beginning six (6) months following termination of employment. 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 the Reporting Person's employment is terminated. /s/ Paul J. Schulz, Attorney in Fact for Timothy F. Murphy 2017-02-03