4//SEC Filing
GSE SYSTEMS INC 4
Accession 0001140361-16-080409
CIK 0000944480operating
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 4:19 PM ET
Size
8.6 KB
Accession
0001140361-16-080409
Insider Transaction Report
Form 4
Fuller Sean Martin
Sr VP, Sales
Transactions
- Exercise/Conversion
Performance Rights
2016-09-19−16,863→ 83,137 totalExp: 2022-03-21→ Common Stock (16,863 underlying) - Tax Payment
Common Stock
2016-09-19−5,863→ 11,000 total - Exercise/Conversion
Common Stock
2016-09-19+16,863→ 16,863 total
Footnotes (2)
- [F1]Each performance right represents a contingent right to receive one share of Issuer Common Stock if the Volume Weighted Average Price of the Issuer's Common Stock as quoted on the NYSE MKT exceeds $2.50 for a 30 consecutive trading day period.
- [F2]The acquisition of the performance rights was originally reported in Table I on March 22, 2016. An amendment to the performance rights changing a 90 consecutive day trading period to a 30 consecutive day trading period for purposes of determining vesting was subsequently reported in Table II on July 1, 2016. Following the reported transaction, the reporting person beneficially owns 11,000 shares of Issuer Common Stock.
Documents
Issuer
GSE SYSTEMS INC
CIK 0000944480
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000944480
Filing Metadata
- Form type
- 4
- Filed
- Sep 20, 8:00 PM ET
- Accepted
- Sep 21, 4:19 PM ET
- Size
- 8.6 KB