4//SEC Filing
GSE SYSTEMS INC 4
Accession 0001140361-16-080410
CIK 0000944480operating
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 4:20 PM ET
Size
8.6 KB
Accession
0001140361-16-080410
Insider Transaction Report
Form 4
Grady Gill R
Sr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-09-19+7,500→ 7,600 total - Tax Payment
Common Stock
2016-09-19−2,655→ 4,945 total - Exercise/Conversion
Performance Rights
2016-09-19−7,500→ 0 totalExp: 2021-10-30→ Common Stock (7,500 underlying)
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 November 6, 2015. 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 4,945 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, 4:20 PM ET
- Size
- 8.6 KB