Richard W. Heo - 28 Feb 2023 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Role
President & CEO, Director
Signature
/s/ Richard W. Heo
Issuer symbol
GIFI
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
02 Mar 2023, 16:29:21 UTC
Previous filing
03 Jan 2023
Next filing
13 Mar 2023
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 +115,000 +17% $0.000000 807,293 28 Feb 2023 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 April 1, 2022.
F2 The restricted stock units vest in three equal annual installments beginning April 1, 2023 provided the service condition is satisfied.