Loudermilk Kyle Justin - Jun 18, 2021 Form 4 Insider Report for GSE SYSTEMS INC (GVP)

Role
Chief Executive Officer & Pres, Director
Signature
/s/ Kyle Justin Loudermilk
Stock symbol
GVP
Transactions as of
Jun 18, 2021
Transactions value $
-$26,555
Form type
4
Date filed
6/22/2021, 04:12 PM
Next filing
Jun 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVP Common Stock Award $0 +32.2K +5.49% $0.00 618K Jun 18, 2021 Direct F1, F2
transaction GVP Common Stock Tax liability -$26.6K -15.7K -2.54% $1.69 603K Jun 18, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were granted to Mr. Loudermilk pursuant to the Issuer's Long-Term Incentive Plan.
F2 These shares were granted to Mr. Loudermilk as a bonus in recognition of his services during 2020 as the President & Chief Executive Officer of the Issuer.
F3 Shares withheld by the Issuer for payment of applicable taxes owed due to the grant of 32,197 shares of common stock to the Reporting Person.