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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
GIBRALTAR INDUSTRIES, INC. [ ROCK ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/30/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 08/01/2007 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | ||||||
Common Stock | 07/30/2007 | A | 7,419(1) | A | $0 | 14,919(2) | D | |||
Common Stock | 07/30/2007 | D | 2,508(1) | D | $22.8 | 12,411(2) | D | |||
Restricted Stock Unit | 24,839(3) | D | ||||||||
Restricted Stock Unit | 45,000(4) | D | ||||||||
Restricted Stock Unit | 19,700(5) | D | ||||||||
Restricted Stock Unit | 22,257(6) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | (7) | (8) | (8) | Common Stock | 11,780.22 | 11,780.22 | D | ||||||||
Restricted Stock Unit | (9) | (8) | (8) | Comon Stock | 11,780.22 | 11,780.22 | D | ||||||||
Restricted Stock Unit | (10) | (8) | (8) | Common Stock | 21,444 | 21,444 | D |
Explanation of Responses: |
1. Represents the conversion of restricted stock units previously awarded to the Reporting Person upon the vesting of such restricted stock units. Gibraltar Industries, Inc. retained 2,508 of the 7,419 shares of common stock issuable to the Reporting Person in satisfaction of the Reporting Person's individual minimum statutory tax withholding obligation at a price per share determined as of the vesting date. This Amendment to Form 4 corrects the code in column 4 to reflect a disposition by inclusion of code D in place of code A inadvertently set forth in that column. |
2. Includes 1,500 shares of restricted stock. |
3. 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. |
4. 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. |
5. 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. |
6. 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. |
7. Restricted Stock Units awarded under the terms of the management stock purchase plan through deferral of a portion of annual incentive compensation award. |
8. Restricted Stock Units are payable solely in cash in five (5) consecutive, substantially equal annual installments beginning (6) months following termination of employment. |
9. 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. |
10. 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 | 08/01/2007 | |
** 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. |