SEC Form 4 · accession 0001140361-16-081668
GSE SYSTEMS INC · GVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kyle Justin Loudermilk
Officer — Chief Executive Officer & Pres · Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 4:31 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 StockF1 | Sep 30, 2016 | F | 8,341 | $2.89 | D | 323,242 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld by the Issuer for 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.