SEC Form 4 · accession 0001179110-16-021560
Great Lakes Dredge & Dock CORP · GLDD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Simonelli
Officer — President, Dredging Operations
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 9, 2016 | A | 19,835 | $0.00 | A | 145,906 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are represented by restricted stock units. The restricted stock units vest in three equal annual installments beginning on March 9, 2017.
- F2This filing also adds 2,529 shares of Common Stock acquired under the Company's Employee Stock Purchase Plan ("ESPP"). Under the ESPP, 1,327 shares were acquired on 08/31/2015 at a transaction price of $4.72 per share and 1,202 shares were acquired on 2/29/2016 at a transaction price of $2.89 per share. The total subtracts 10,028 shares withheld for payment of taxes on shares previously distributed upon vesting.