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

Signature
/s/ Richard W. Heo
Stock symbol
GIFI
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 04:29 PM
Previous filing
Jan 3, 2023
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFI Common Stock Award $0 +115K +16.61% $0.00 807K Feb 28, 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.