Matthew R. Oubre - 25 Feb 2025 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Role
SVP, Commercial
Signature
Cindi Cook on behalf of Matthew R. Oubre, pursuant to a power of attorney.
Issuer symbol
GIFI
Transactions as of
25 Feb 2025
Net transactions value
-$26,579
Form type
4
Filing time
02 Apr 2025, 15:10:49 UTC
Previous filing
02 May 2024
Next filing
02 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFI Common Stock Award $0 +6,541 +17% $0.000000 45,046 25 Feb 2025 Direct F1, F2
transaction GIFI Common Stock Tax liability $10,978 -1,641 -3.6% $6.69 43,405 01 Apr 2025 Direct F3
transaction GIFI Common Stock Tax liability $9,420 -1,408 -3.2% $6.69 41,997 01 Apr 2025 Direct F3
transaction GIFI Common Stock Tax liability $6,182 -924 -2.2% $6.69 41,073 01 Apr 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of time-vested restricted stock units upon the certification of the performance condition with respect to a performance award granted on April 1, 2024.
F2 The restricted stock units vest in three equal annual installments beginning April 1, 2025 provided the service condition is satisfied.
F3 Represents shares withheld upon vesting of restricted stock units.