Filing Details

Accession Number:
0001209191-18-061347
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-12-06 17:22:55
Reporting Period:
2018-12-03
Accepted Time:
2018-12-06 17:22:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1031623 Gulf Island Fabrication Inc GIFI Fabricated Structural Metal Products (3440) 721147390
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1205731 Peter John Laborde 400 Poydras Street
Suite 1560
New Orleans LA 70130
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-12-03 7,196 $8.04 715,531 No 4 S Indirect Through Starboard Enterprises, L.L.C.
Common Stock Disposition 2018-12-04 600 $8.03 714,931 No 4 S Indirect Through Starboard Enterprises, L.L.C.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Through Starboard Enterprises, L.L.C.
No 4 S Indirect Through Starboard Enterprises, L.L.C.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 33,708 Direct
Footnotes
  1. The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $8.00 - $8.10. Mr. Laborde hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  2. The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $8.00 - $8.105. Mr. Laborde hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  3. Represents shares of the issuer's common stock held by Starboard Enterprises, L.L.C. ("Starboard"), a family limited liability company. Although Mr. Laborde is one of five managers of Starboard, he recuses himself from decisions regarding the issuer's securities. The reported sales were executed by Starboard for tax planning purposes. Mr. Laborde disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.