SEC Form 4 · accession 0001179110-17-004453
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 Division
Period of report
Mar 10, 2017
Accepted (ET)
Mar 10, 2017 · 5:48 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 10, 2017 | A | 47,907 | $0.00 | A | 213,049 | 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 8, 2018.
- F2The filing also adds 3,903 shares of Common Stock acquired under the Company's Employee Stock Purchase Plan ("ESPP"). Under the ESPP, 2,681 shares were acquired on or about 8/31/2016 at a transaction price of $2.96 per share and 1,222 shares were acquired on or about 2/28/2017 at a transaction price of $3.27. The total subtracts 2,407 shares withheld for payment of taxes on shares recently distributed upon vesting.