Pepe Emmett Anthony - 18 Jun 2021 Form 4 Insider Report for GSE SYSTEMS INC

Role
Chief Financial Officer
Signature
/s/ Emmett Pepe
Issuer symbol
N/A
Transactions as of
18 Jun 2021
Net transactions value
-$11,217
Form type
4
Filing time
22 Jun 2021, 16:13:46 UTC
Next filing
25 Jun 2021
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 $0 +22,727 +16% $0.000000 165,647 18 Jun 2021 Direct F1, F2
transaction GVP Common Stock Tax liability $11,217 -6,637 -4% $1.69 159,010 18 Jun 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. Pepe pursuant to the Issuer's Long-Term Incentive Plan.
F2 These shares were granted to Mr. Pepe as a bonus in recognition of his services during 2020 as the Chief Financial Officer of the Issuer.
F3 Shares withheld by the Issuer for payment of applicable taxes owed due to the grant of 22,727 shares of common stock to the Reporting Person.