4//SEC Filing
GSE SYSTEMS INC 4
Accession 0001140361-16-058744
CIK 0000944480operating
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 5:30 PM ET
Size
5.4 KB
Accession
0001140361-16-058744
Insider Transaction Report
Form 4
Fuller Sean Martin
Sr VP, Sales
Transactions
- Award
Common Stock
2016-03-21+100,000→ 100,000 total
Footnotes (2)
- [F1]These shares of common stock represent restricted share units granted pursuant to a restricted share unit agreement between Mr. Fuller and the Issuer. The restricted share units awarded will vest in installments of (a) 16,863 shares when the volume weighted average price of the common stock exceeds $2.50 for a 90 consecutive day trading period, (b) 26,863 shares when the volume weighted average price of the common stock exceeds $3.25 for a 90 consecutive day trading period, (c) 26,863 shares when the volume weighted average price of the common stock exceeds $4.25 for a 90 consecutive day trading period, and (d) 29411 shares when the volume weighted average price of the common stock exceeds $6.00 for a 90 consecutive day trading period.
- [F2]These restricted share units were granted to Mr. Fuller for his services as Senior Vice President, Sales of the Issuer.
Documents
Issuer
GSE SYSTEMS INC
CIK 0000944480
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000944480
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 5:30 PM ET
- Size
- 5.4 KB