SEC Form 4 · accession 0001209191-19-015179
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
Feb 26, 2019
Accepted (ET)
Mar 1, 2019 · 6:19 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 | Feb 26, 2019 | M | 12,000 | $3.82 | A | 271,944 | D | |
| Common Stock | Feb 26, 2019 | S | 12,000 | $8.40 | D | 259,944 | D | |
| Common StockF1 | Feb 27, 2019 | M | 11,991 | $3.82 | A | 271,935 | D | |
| Common Stock | Feb 27, 2019 | S | 11,991 | $8.60 | D | 259,944 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1,F2 | $3.82 | Feb 26, 2019 | M | 12,000 | D | — | May 13, 2019 | Common Stock | 11,991 | 11,991 | D |
| Employee Stock OptionF1,F2 | $3.82 | Feb 27, 2019 | M | 11,991 | D | — | May 13, 2019 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Represents an exercise of vested employee stock options granted on May 13, 2009 under the Great Lakes Dredge & Dock Corporation 2007 Long-Term Incentive Plan.
- F2The option vested in three equal annual installments beginning May 13, 2010.