James L. Morvant - Feb 25, 2025 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Role
SVP, Operations
Signature
/s/ James L. Morvant
Stock symbol
GIFI
Transactions as of
Feb 25, 2025
Transactions value $
-$27,449
Form type
4
Date filed
4/2/2025, 03:10 PM
Previous filing
May 28, 2024
Next filing
May 2, 2025
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 +7.55K +8.12% $0.00 101K Feb 25, 2025 Direct F1, F2
transaction GIFI Common Stock Tax liability -$10.9K -1.62K -1.62% $6.69 98.9K Apr 1, 2025 Direct F3
transaction GIFI Common Stock Tax liability -$9.45K -1.41K -1.43% $6.69 97.5K Apr 1, 2025 Direct F3
transaction GIFI Common Stock Tax liability -$7.14K -1.07K -1.09% $6.69 96.5K 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.