X0306 4 2019-02-20 false 0000912562 GIBRALTAR INDUSTRIES, INC. ROCK 0001674553 Syvrud Cherri 3556 LAKESHORE RD. P.O. BOX 2028 BUFFALO NY 14219-0228 false true false false Senior Vice President Performance Stock Units (March 2018) 2019-02-20 4 D false 364.00 0.00 D 7732.00 D Common Stock 1028.00 D Common Stock 220.574 I 401(k) Discretionary Restricted Stock Units (February 2017) 2000.00 D Performance Stock Units (February 2017) 1350.00 D Restricted Stock Unit (LTIP 6/10/2016) 911.00 D Restricted Stock Units (LTIP 02/01/2017) 726.00 D Restricted Stock Units (LTIP 3/1/2018) 2024.00 D Restricted Stock Unit (MSPP Match Post-2012) Common Stock 2184.03 2184.03 D Restricted Stock Unit (MSPP Post-2012) Common Stock 2184.03 2184.03 D 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 2018. 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 a decrease of the targeted number of Performance Units awarded to the Reporting Person on March 1, 2018 under the Company's 2015 Equity Incentive Plan as a result of the Company's achievement of a return on invested capital below the targeted return on invested capital for 2018. The Compensation Committee has reviewed and confirmed the Company's calculation of Return on Invested Capital for 2018 as compared to target and approved the resulting decrease in the number of Performance Units. 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 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. /s/ Paul J. Schulz, Attorney in Fact for Cherri Syvrud 2019-02-22