SEC Form 4 · accession 0000070415-15-000089
GP STRATEGIES CORP · GPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl Baer
Officer — Executive Vice President
Period of report
Nov 5, 2015
Accepted (ET)
Nov 9, 2015 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000070415
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 5, 2015 | M | 5,000 | $7.27 | A | 20,378 | D | |
| Common StockF1 | Nov 5, 2015 | F | 2,598 | $26.02 | D | 17,780 | D | |
| Common StockF2 | holding | — | — | — | 4,368 | I | GP 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF3 | $7.27 | Nov 5, 2015 | A | 5,000 | A | Nov 5, 2015 | Nov 5, 2015 | Common Stock | 5,000 | 5,000 | D |
| Stock Appreciation Right | $7.27 | Nov 5, 2015 | M | 5,000 | D | Nov 5, 2015 | Nov 5, 2015 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Reflects exercise for stock of stock appreciation right with respect to previously reported stock options.
- F2Shares held in GP 401(k) Retirement Savings Plan.
- F3The stock appreciation right is granted with respect to previously reported stock options and may be exercised for stock. The exercise of the stock appreciation right results in the expiration of the related stock options.