Richard W. Heo - Feb 25, 2025 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Role
President & CEO, Director
Signature
/s/ Richard W. Heo
Stock symbol
GIFI
Transactions as of
Feb 25, 2025
Transactions value $
-$230,390
Form type
4
Date filed
4/2/2025, 03:09 PM
Previous filing
May 28, 2024
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 +47.5K +5.3% $0.00 945K Feb 25, 2025 Direct F1, F2
transaction GIFI Common Stock Tax liability -$101K -15.1K -1.6% $6.69 930K Apr 1, 2025 Direct F3
transaction GIFI Common Stock Tax liability -$87.8K -13.1K -1.41% $6.69 917K Apr 1, 2025 Direct F3
transaction GIFI Common Stock Tax liability -$41.7K -6.24K -0.68% $6.69 911K Apr 1, 2025 Direct F3
* 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, 2024.
F2 The restricted stock units vest in three equal annual installments beginning April 1, 2025 provided the service condition is satisfied.
F3 Represents shares withheld upon vesting of restricted stock units.