Burns Murray W. 4
4 · GULF ISLAND FABRICATION INC · Filed Oct 29, 2018
Insider Transaction Report
Form 4
Burns Murray W.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-10-25−7,426→ 7,426 totalFrom: 2018-10-25Exp: 2018-10-25→ Common Stock (7,426 underlying) - Exercise/Conversion
Common Stock
2018-10-25+7,426→ 25,008 total - Disposition to Issuer
Common Stock
2018-10-25$10.10/sh−2,228$22,503→ 22,780 total
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 30% of his restricted stock units for cash and 70% for shares of the Issuer's common stock.