GULF ISLAND FABRICATION INC 4
4 · GULF ISLAND FABRICATION INC · Filed Nov 22, 2016
Insider Transaction Report
Form 4
DUMAS JERRY D SR
Director
Transactions
- Exercise/Conversion
Common Stock
2016-11-18+6,173→ 9,228 total - Disposition to Issuer
Common Stock
2016-11-18$10.50/sh−2,037$21,389→ 7,191 total - Exercise/Conversion
Restricted Stock Units
2016-11-18−6,173→ 0 totalFrom: 2016-11-18Exp: 2016-11-18→ Common Stock (6,173 underlying)
Footnotes (1)
- [F1]Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock. In accordance with the terms of the award, the reporting person elected to settle 33% of his restricted stock units for cash and 77% for shares of the Issuer's common stock.