Westley S. Stockton - 23 Mar 2022 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Signature
/s/ Westley S. Stockton
Issuer symbol
GIFI
Transactions as of
23 Mar 2022
Net transactions value
$0
Form type
4
Filing time
23 Mar 2022, 18:00:55 UTC
Previous filing
28 May 2021
Next filing
05 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFI Common Stock Award $0 +50,000 +17% $0.000000 336,314 23 Mar 2022 Direct F1, F2
* 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 May 26, 2021.
F2 The restricted stock units vest in three equal annual installments beginning May 26, 2022 provided the service condition is satisfied.