I was thinking more of a large, oval, homemade gasket so I could change out the light bulbs easier than removing caulk. Perhaps from a black rubber tire. The twelve screws should hold it watertight. What about that?
Terry, the rubber material used for heat-on roofing makes great gaskets and is available very cheaply at roofing supply companies, Home Depot, etc. It's available by the foot, in various thicknesses. It cuts well with a utility knife or scissors.
And you can have any color you want....as long as it's black!