You are lost on the formula.
First, as was posted above Awlgrip is for above waterline applications (with an exception). The reason is that it can develop blisters in the paint film if left in the water for several days. Now the exception: if you are not leaving the boat in the water the bottom can be painted with Awlgrip.
The part where you are really lost is the Awlgrip-gelcoat combo. You would apply gelcoat directly to the substrate without the use of primer, Awlgrip or otherwise (although in some instances a polyester primer might be used to do some repair work).
Awlgrip is a pretty tough paint and holds up okay on trailered boats but is a thin film product, 4-6 mils when dry. Gelcoat is also tough, and also probably a better choice for the bottom of a trailered boat. It's film thickness is usually about 16-18 mils dry, although it could be much thinner on a post applied application.
Paint is usually easier to get a good looking finish with. Gelcoat takes more labor after spraying to get it to look good.