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

Role
EVP, CFO, Sec/Treas
Signature
/s/ Westley S. Stockton
Stock symbol
GIFI
Transactions as of
Mar 23, 2022
Transactions value $
$0
Form type
4
Date filed
3/23/2022, 06:00 PM
Previous filing
May 28, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFI Common Stock Award $0 +50K +17.46% $0.00 336K Mar 23, 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.