SEC Form 4 · accession 0001209191-18-056407
GULF ISLAND FABRICATION INC · GIFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael J Keeffe
Director
Period of report
Oct 25, 2018
Accepted (ET)
Oct 29, 2018 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001031623
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 25, 2018 | M | 7,426 | — | A | 18,302 | D | |
| Common Stock | Oct 25, 2018 | D | 3,713 | $10.10 | D | 14,589 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Oct 25, 2018 | M | 7,426 | D | Oct 25, 2018 | Oct 25, 2018 | Common Stock | 7,426 | 7,426 | D |
Explanation of responses
- F1Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock. The reporting person settled 50% of his restricted stock units for cash and 50% for shares of the Issuer's common stock.