SEC Form 4 · accession 0001140361-17-024895
GSE SYSTEMS INC · GVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Quinn Jane Ellen Bryant
Director
Period of report
Jun 12, 2017
Accepted (ET)
Jun 13, 2017 · 5:31 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 | Jun 12, 2017 | A | 1,923 | $0.00 | A | 6,208 | D | |
| Common StockF2,F3 | Jun 12, 2017 | A | 7,352 | $0.00 | A | 13,560 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of Common Stock granted to Ms. Quinn on June 12, 2017, in partial compensation for Ms. Quinn's service as a member of the Issuer's Board of Directors between March 1, 2017 and June 12, 2017.
- F2These shares of common stock represent restricted share units granted pursuant to a Restricted Share Unit Agreement between Ms. Quinn and the Issuer and are subject to forfeiture. The restricted share units awarded will vest at the earlier of June 12, 2018 or the date of the Issuer's 2018 Annual Meeting of Stockholders.
- F3These restricted share units were granted to Ms. Quinn for her service as a member of the Board of Directors of the Issuer.