SEC Form 4/A · accession 0001140361-16-067623
GSE SYSTEMS INC · GVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kyle Justin Loudermilk
Officer — Chief Executive Officer & Pres · Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000944480
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 25, 2016 | P | 592 | $2.14 | A | 184,792 | D | |
| Common StockF2 | May 26, 2016 | P | 5,400 | $2.14 | A | 190,192 | D | |
| Common StockF2 | May 26, 2016 | P | 1,300 | $2.16 | A | 191,492 | D | |
| Common StockF2 | May 26, 2016 | P | 23,300 | $2.17 | A | 214,792 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is amending the Form 4 originally filed to report this purchase of common stock, for the purpose of reflecting a different transaction code applicable to the purchase.
- F2The number of shares beneficially owned is reduced by 6,624 shares, which were withheld on March 31, 2016, by the Issuer for purposes of payment of applicable taxes owed due to the vesting of 16,228 restricted share units pursuant to the restricted share unit agreement between the Reporting Person and the Issuer.