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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* LIPKE BRIAN J (Last) (First) (Middle) 3556 LAKE SHORE RD P O BOX 2028 (Street) BUFFALO NY 14219-0228 (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) X Director 10% Owner X Officer (give title below) Other (specify below) Chairman and CEO
	3. Date of Earliest Transaction (Month/Day/Year) 07/03/2007
	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
Common Stock	07/03/2007		M		13,204(1)	A	$14.5	95,631	D
Common Stock	07/03/2007		F		5,205(1)	D	$22.38	90,426	D
Restricted Stock Unit								39,728(2)	D
Common Stock								5,235.47	I	Gibraltar Industries, Inc. 401(k) Savings Plan(3)
Restricted Stock Unit								70,427(4)	D
Restricted Stock Unit								150,000(5)	D
Common Stock								89,352	I	By Trust(6)
Common Stock								180,900	I	Rush Creek(7)
Common Stock								896,040	I	By Trust(8)
Common Stock								2,769,021	I	By Trust(9)
Common Stock								10,507	I	By Trust(10)
Common Stock								8,407	I	By Trust(11)
Common Stock								10,050	I	By Trust(12)
Common Stock								5,220	I	By Trust(13)
Common Stock								91,320	I	By Trust(14)
Common Stock								45,000	I	By Trust(15)
Common Stock								8,700	I	By Trust(16)
Common Stock								8,909	I	By Trust(17)
Common Stock								2,077	I	By Trust(18)

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
Option to Buy(19)	$14.5	07/03/2007		M			37,500	07/08/1998	07/08/2007	Common Stock	37,500	$14.5	0	D
Option to Buy(20)	$15							03/27/1999	03/27/2008	Common Stock	75,000		75,000	D
Option to Buy(20)	$9.38							07/18/2001	07/18/2010	Common Stock	18,750		18,750	D

Explanation of Responses:

1. The reporting person obtained 13,204 shares of common stock in connection with the cashless exercise of options to purchase 37,500 shares of common stock under the Gibraltar Industries, Inc. Non-Qualified Stock Option Plan. The Company retained 5,205 of the 13,204 shares in satisfaction of the resulting tax withholding obligation.

2. Restricted Stock Units awarded as part of Company's long term incentive plan. Twenty-five percent (25%) 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.

3. Represents the number of units held by the reporting person in the unitized stock fund of the Gibraltar Industries, Inc. 401(k) Savings Plan. The unitized stock fund consists of stock of Gibraltar Industries, Inc. and cash and other short term investments. The number of shares of stock represented by each unit fluctuates depending on the ratio of the number of shares of stock of Gibraltar Industries, Inc. in the fund to other investments. The number of shares represented by each unit cannot be precisely determined.

4. The Restricted Stock Units vest and are paid in cash or Common Stock on the fourth anniversary of the award grant.(LTIP)

5. These Restricted Units have been approved for award as a supplemental retirement benefit and vest and are payable upon the executive's retirement at or after age 60.

6. Represents shares indirectly held by trust created under the Last Will and Testament of Kenneth E. Lipke for the benefit of the mother of reporting person as to which trust reporting person serves as one of three trustees and shares voting and investment power.

7. Shares held indirectly representing the pecuniary interest of reporting person in shares of Gibraltar Industries, Inc. common stock held by Rush Creek Investment Co., LP. The reporting person disclaims beneficial interest in such shares, except to the extent of his beneficial interest.

8. Represents shares held by a trust for the benefit of reporting person of which he serves as one of three trustees and shares voting and investment power.

9. Represents shares held by four trusts for the benefit of insiders of Gibraltar Industries, Inc., each of which reporting person serves as one of three trustees and shares voting and investment power and as to which he disclaims beneficial ownership.

10. Represents shares held indirectly by trust for the benefit of the daughter of reporting person (Katherine Victoria).

11. Represents shares held indirectly by trust for the benefit of a child (Carlisle Lipke-Ricci) of an insider of Gibraltar Industries, Inc., which the reporting person serves as one of four trustees and shares voting and investment power and as to which shares he disclaims beneficial ownership.

12. Represents shares held indirectly by trust for the benefit of a child (Kenneth Eric Lipke) of an insider of Gibraltar Industries, Inc., which the reporting person serves as one of three trustees and shares voting and investment power and as to which shares he disclaims beneficial ownership.

13. Represents shares held indirectly by reporting person as custodian for daughter under UGMANY.

14. Represents shares indirectly held by trust for the benefit of reporting person of which the reporting person serves as one of five trustees and shares voting and investment power.

15. Represents shares indirectly held by trust for the benefit of an insider of Gibraltar Industries, Inc., of which the reporting person serves as one of five trustees and shares voting and investment power, and as to which shares he disclaims beneficial ownership.

16. Represents shares indirectly held by trust for the benefit of a child (Erica Rae Lipke) of an insider of Gibraltar Industries, Inc., which the reporting person serves as one of three trustees and shares voting and investment power and as to which shares he disclaims beneficial ownership.

17. Represents shares indirectly held by trust for the benefit of reporting person's daughter (Elissa Kristina).

18. Represents shares indirectly held by reporting person as custodian for relative under UGMANY (Jonathon Solomon).

19. Cashless exercise by reporting person of option to buy 37,500 shares of common stock under the Gibraltar Industries, Inc. Non-Qualified Stock Option Plan. The exercise price and number of underlying securities reflect a 3:2 stock split effected in November 2004. In connection with the cashless exercise, options to purchase 24,296 shares of common stock were delivered by the reporting person to Gibraltar Industries, Inc. in consideration of the issuance of 13,204 shares of common stock.

20. Grant to reporting person of option to buy shares of common stock under Gibraltar Industries, Inc. Incentive Stock Option Plan. Options exercisable at rate of 25% per year. The exercise price and number of underlying securities reflect a 3:2 stock split effected in November of 2004.

	/s/ Michael E. Storck, Attorney in Fact for Brian J. Lipke	07/05/2007
	** 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).
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