AI assistant
Great Lakes Dredge & Dock CORP — Director's Dealing 2021
Feb 11, 2021
32394_dirs_2021-02-11_1420296e-3bda-4e2e-b1cb-452d14c075ff.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Great Lakes Dredge & Dock CORP (GLDD)
CIK: 0001372020
Period of Report: 2021-02-08
Reporting Person: Simonelli David E (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-08 | Common Stock | M | 23024 | $6.45 | Acquired | 331767 | Direct |
| 2021-02-08 | Common Stock | S | 23024 | $15.0006 | Disposed | 308743 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-08 | Employee Stock Option | $6.45 | M | 23024 | Disposed | 2022-06-06 | Common Stock (23024) | Direct |
Footnotes
F1: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2020
F2: Represents the weighted average price. The shares were sold in multiple transactions ranging from $15.00 to $15.05, inclusive. Upon request by the Commission staff, the issuer or security holder of the issuer, the reporting person will provide information regarding the number of shares disposed of at each separate price.
F3: Represents an exercise of vested employee stock options granted on June 6, 2012 under the Great Lakes Dredge & Dock Corporation 2007 Long-Term Incentive Plan.
F4: The options vested in three equal installments beginning June 6, 2013.