Loudermilk Kyle Justin - 20 Nov 2023 Form 4 Insider Report for GSE SYSTEMS INC

Role
President & CEO, Director
Signature
/s/ Kyle Justin Loudermilk
Issuer symbol
N/A
Transactions as of
20 Nov 2023
Net transactions value
+$47,033
Form type
4
Filing time
27 Nov 2023, 16:06:48 UTC
Previous filing
03 Oct 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVP Common Stock Award $91,865 +45,455 +45% $2.02 146,307 20 Nov 2023 Direct F2
transaction GVP Common Stock Tax liability $44,832 -22,183 -15% $2.02 124,124 20 Nov 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.