X0306 4 2017-02-01 false 0000912562 GIBRALTAR INDUSTRIES, INC. ROCK 0001239854 SMITH KENNETH WALTER 3556 LAKE SHORE ROAD P.O. BOX 2028 BUFFALO NY 14219-0228 false true false false Senior VP & CFO Common Stock 2017-02-01 4 A false 2206.00 0.00 A 58539.00 D Common Stock 2017-02-01 4 F false 1125.00 43.05 D 57414.00 D Restricted Stock Unit (LTIP 02/01/2016) 2017-02-01 4 D false 2206.00 0.00 D 6619.00 D Executive Retirement RSU 10000.00 D Performance Stock Units (December 2015) 25000.00 D Restricted Stock Unit (LTIP 01/02/2014) 2291.00 D Restricted Stock Unit (LTIP 01/02/2015) 5432.00 D Restricted Stock Unit (Retirement Supplement) 20000.00 D Restricted Stock Units (December 2015) 12500.00 D Option (December 2015) 25.44 2018-12-31 2025-12-31 Common Stock 12500.00 12500.00 D Performance Units (2016) Common Stock 16632.00 16632.00 D Performance Units 2015 Common Stock 51956.00 51956.00 D Restricted Stock Unit (MSPP Match Post-2012) Common Stock 47263.61 47263.61 D Restricted Stock Unit (MSPP Match) Common Stock 40032.08 40032.08 D Restricted Stock Unit (MSPP Post-2012) Common Stock 66826.04 66826.04 D Restricted Stock Unit (MSPP) Common Stock 49882.03 49882.03 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 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, 2016 and on each February 1st thereafter through February 1st, 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 Kenneth W. Smith 2017-02-03