SEC Form 4 · accession 0001140361-15-010254
GSE SYSTEMS INC · GVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher D. Sorrells
Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 5:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000944480
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $1.54 | Mar 2, 2015 | A | 10,000 | A | — | Mar 2, 2022 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF2 | $1.75 | holding | — | — | — | — | Mar 3, 2021 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF3 | $2.15 | holding | — | — | — | — | Mar 7, 2020 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptoinF4 | $2.45 | holding | — | — | — | — | May 17, 2019 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Exercisable as follows: 4,000 3/2/2016; 3,000 3/2/2017; 3,000 3/2/2018
- F2Exercisable as follows: 4,000 3/3/2015; 3,000 3/3/2016; 3,000 3/3/2017
- F3Exercisable as follows: 4,000 3/7/2014; 3,000 3/7/2015; 3,000 3/7/2016
- F4Exercisable as follows: 4,000 5/17/2013; 3,000 5/17/2014; 3,000 5/17/2015