Matthew R. Oubre - 28 Feb 2023 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Signature
/s/ Matthew R. Oubre
Issuer symbol
GIFI
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
02 Mar 2023, 16:33:06 UTC
Previous filing
05 Apr 2022
Next filing
04 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFI Common Stock Award $0 +11,500 +115% $0.000000 21,500 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.