<SEC-DOCUMENT>0001157523-14-000915.txt : 20140303
<SEC-HEADER>0001157523-14-000915.hdr.sgml : 20140303
<ACCEPTANCE-DATETIME>20140303103628
ACCESSION NUMBER:		0001157523-14-000915
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20140227
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20140303
DATE AS OF CHANGE:		20140303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GULF ISLAND FABRICATION INC
		CENTRAL INDEX KEY:			0001031623
		STANDARD INDUSTRIAL CLASSIFICATION:	FABRICATED STRUCTURAL METAL PRODUCTS [3440]
		IRS NUMBER:				721147390
		STATE OF INCORPORATION:			LA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34279
		FILM NUMBER:		14658553

	BUSINESS ADDRESS:	
		STREET 1:		GULF ISLAND FABRICATION INC
		STREET 2:		583 THOMPSON RD
		CITY:			HOUMA
		STATE:			LA
		ZIP:			70361
		BUSINESS PHONE:		5048722100

	MAIL ADDRESS:	
		STREET 1:		P O BOX 310
		CITY:			HOUMA
		STATE:			LA
		ZIP:			70361
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50815509.htm
<DESCRIPTION>GULF ISLAND FABRICATION, INC. 8-K
<TEXT>
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      <br>
      <font style="font-size: 12pt">UNITED STATES</font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt">Washington,
      D.C. 20549</font><br><br>
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      <font style="font-family: Times New Roman; font-size: 16pt"><b>FORM 8-K</b></font><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt">Pursuant to Section
      13 or 15(d) of the Securities Exchange Act of 1934</font>
    </p>
    <hr style="height: 1.0 pt; text-align: center; color: #000000; width: 20%">


    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt">Date of
      Report</font><font style="font-family: Times New Roman; font-size: 12pt"><b>
      </b></font><font style="font-family: Times New Roman; font-size: 12pt">(</font><i><font style="font-family: Times New Roman; font-size: 12pt">Date
      of earliest event reported</font></i><font style="font-family: Times New Roman; font-size: 12pt">):
      February 27, 2014</font>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-size: 16pt"><b>Gulf Island Fabrication, Inc.</b></font><br><i><font style="font-size: 10pt">(Exact
      name of registrant as specified in its charter)</font></i><br><br>
    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Louisiana
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        <td valign="top" style="text-align: center; padding-right: 0.0px; padding-left: 0.0px; width: 34%; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            001-34279
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          <p style="margin-top: 0px; margin-bottom: 0px">
            72-1147390
          </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>(State of incorporation)</i>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>(Commission File Number)</i>
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        </td>
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            <i>(IRS Employer Identification No.)</i>
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          &#160;
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        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 40%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            16225 Park Ten Place, Suite 280, Houston, Texas
          </p>
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        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 12%">
          &#160;
        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; padding-left: 0.0px; width: 33%; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            77084
          </p>
        </td>
      </tr>
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            <i>(Address of principal executive offices)</i>
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        </td>
        <td style="width: 12%">

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          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>(Zip Code)</i>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      (713) 714-6100<br><i>(Registrant's telephone number, including area code)</i><br><br>N/A<br><i>(Former
      name or former address, if changed since last report)</i>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligations of the registrant under
      any of the following provisions</font>:
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Item 5.02</b>
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 90%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Departure of Directors or Certain Officers; Election of
            Directors; Appointment of Certain Officers; Compensatory
            Arrangements of Certain Officers.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-indent: 30.0px; text-align: justify">
      (c) and (e)&#160;&#160;On February 27, 2014, Gulf Island Fabrication, Inc. (the
      &#8220;Company&#8221;) appointed Todd Ladd, age 46, as its new Chief Operating
      Officer, effective immediately.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      Mr. Ladd has over 25 years industry experience in the offshore
      fabrication sector. Mr. Ladd previously served as the Company&#8217;s Vice
      President of Operations and General Manager since July 2013.&#160;&#160;From 2001
      to 2013, Mr. Ladd served as a partner and Senior Project Manager with
      Paloma Energy Consultants, an offshore construction project management
      firm. From April 1996 to August 2001, Mr. Ladd served as a Project
      Manager for Gulf Island, L.L.C. Mr. Ladd also served as Production
      Engineer and Facility Engineer at McDermott Marine Construction from
      January 1988 through March 1996. There are no transactions reportable
      pursuant to Item 404(a) of Regulation S-K in connection with Mr. Ladd&#8217;s
      appointment as Chief Operating Officer.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      Mr. Ladd&#8217;s base salary was increased to $350,000. Mr. Ladd is eligible
      to receive future equity awards under the Company&#8217;s long-term incentive
      compensation program, and participate in other benefit programs
      generally available to the Company&#8217;s executive officers.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      In addition, on February 27, 2013, the Board of Directors, acting upon
      the recommendation of the Compensation Committee, approved increases in
      the annual base salaries of Kirk Meche, President and Chief Executive
      Officer, to $500,000 and Jeff Favret, Vice President of Finance, Chief
      Financial Officer and Treasurer, to $340,000.&#160;&#160;
    </p>
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      <br>

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b><br><br>
    </p>
    <p style="text-indent: 30.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px">
      <br>

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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>GULF ISLAND FABRICATION, INC.</b>
          </p>
        </td>
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        <td style="width: 6%">

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        <td style="width: 39%">

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        <td style="width: 4%">

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          &#160;
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        <td style="width: 39%">

        </td>
        <td style="width: 4%">

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        <td style="width: 42%">

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        <td style="width: 9%">
          &#160;
        </td>
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        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px; width: 6%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px; width: 4%">
          By:
        </td>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Kirk J. Meche
          </p>
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        <td style="width: 9%">

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        <td style="width: 39%">

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        <td style="width: 4%">

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          <p style="margin-top: 0px; margin-bottom: 0px">
            Kirk J. Meche
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        <td style="width: 9%">

        </td>
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        <td style="width: 39%">

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        <td style="width: 4%">

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            President and Chief Executive Officer
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        <td style="width: 9%">

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        <td style="width: 39%">

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        <td style="width: 4%">

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          &#160;
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        <td style="width: 6%">

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        <td style="width: 39%">

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        <td style="width: 4%">

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        <td style="width: 9%">
          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            March 3, 2014
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        <td style="width: 42%">

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