Sec Form 5 Filing - LIPKE NEIL E @ GIBRALTAR INDUSTRIES, INC. - 2007-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LIPKE NEIL E
2. Issuer Name and Ticker or Trading Symbol
GIBRALTAR INDUSTRIES, INC. [ ROCK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Trustee
(Last) (First) (Middle)
75 ELMVIEW AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2007
(Street)
HAMBURG, NY14075
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/14/2007 S 1,200 D $ 23.33 119,932 D
Common Stock 02/15/2007 S 11,925 D $ 23.61 108,007 D
Common Stock 03/28/2007 S 6,000 D $ 22.27 102,007 D
Common Stock 05/09/2007 S 5,000 D $ 23.55 97,007 D
Common Stock 07/12/2007 S 25,000 D $ 22 72,007 D
Common Stock 08/14/2007 S 4,625 D $ 22.73 67,382 D
Common Stock 387,471 I Corvette Trust ( 1 )
Common Stock 809,789 I Electra Trust ( 1 )
Common Stock 8,909 I Elissa Kristina Lipke Trust ( 2 )
Common Stock 8,700 I Erica Rae Lipke Trust ( 3 )
Common Stock 10,507 I Katherine Victoria Lipke Trust ( 4 )
Common Stock 136,320 I Ken Lipke Trust No. 2 ( 5 )
Common Stock 10,050 I Kenneth Eric Lipke Trust ( 6 )
Common Stock 604,971 I Monza Trust ( 1 )
Common Stock 816,790 I Nova Trust ( 7 )
Common Stock 180,900 I Rush Creek ( 8 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LIPKE NEIL E
75 ELMVIEW AVENUE
HAMBURG, NY14075
Trustee
Signatures
/s/Paul J. Schulz, Attorney in Fact for Neil E. Lipke 02/14/2008
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares of common stock held by a trust for the benefit of a sibling of the Reporting Person, of 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.
( 2 )Represents shares of common stock held by a trust for the benefit of a child (Elissa Kristina Lipke) of an insider of the Company, of 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.
( 3 )Represents shares of common stock held by a trust for the benefit of a child (Erica Rae Lipke) of one of Reporting Person's siblings, of 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.
( 4 )Represents shares of common stock held by trust for the benefit of a child (Katherine Victoria Lipke) of an insider of the Company, of 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.
( 5 )Represents shares of common stock held by a trust for the benefit of two of Reporting Person's siblings, 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.
( 6 )Represents shares of common stock held by a trust for the benefit of a child (Kenneth Eric Lipke) of one of Reporting Person's siblings, of 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.
( 7 )Represents shares of common stock 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.
( 8 )Represents shares of common stock of the Company owned by Rush Creek Investment Company, L.P. and held in trust for the benefit of Reporting Person. The Reporting Person disclaims beneficial ownership of shares owned by the trust and held for the benefit of the siblings of Reporting Person.

Remarks:
lipkenev2.HTM

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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