SEC Form 4 · accession 0001140361-18-028453
GSE SYSTEMS INC · GVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Barnie Beasley
Director
Period of report
Jun 12, 2018
Accepted (ET)
Jun 13, 2018 · 5:29 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,F2 | Jun 12, 2018 | A | 7,911 | $0.00 | A | 7,911 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of common stock represent restricted share units granted pursuant to a Restricted Share Unit Agreement between Mr. Beasley and the Issuer and are subject to forfeiture. The restricted share units awarded will vest at the earlier of June 12, 2019 or the date of the Issuer's 2019 Annual Meeting of Stockholders.
- F2These restricted share units were granted to Mr. Beasley for his service as a member of the Board of Directors of the Issuer.