Loudermilk Kyle Justin - Nov 20, 2023 Form 4 Insider Report for GSE SYSTEMS INC (GVP)

Role
President & CEO, Director
Signature
/s/ Kyle Justin Loudermilk
Stock symbol
GVP
Transactions as of
Nov 20, 2023
Transactions value $
$47,033
Form type
4
Date filed
11/27/2023, 04:06 PM
Previous filing
Oct 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVP Common Stock Award $91.9K +45.5K +45.07% $2.02 146K Nov 20, 2023 Direct F2
transaction GVP Common Stock Tax liability -$44.8K -22.2K -15.16% $2.02 124K Nov 20, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer for payment of applicable taxes owed due to the vesting of 45,455 restricted share units pursuant to two restricted share unit agreements between the Reporting Person and the Issuer.
F2 These restricted share units were granted to Mr. Loudermilk for his services as the Chief Executive Officer of the Issuer.