Khanna Ravi - 18 Jun 2021 Form 4 Insider Report for GSE SYSTEMS INC

Role
Senior Vice President
Signature
/s/ Ravi Khanna
Issuer symbol
N/A
Transactions as of
18 Jun 2021
Net transactions value
-$4,764
Form type
4
Filing time
22 Jun 2021, 16:16:05 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 +7,765 +21% $0.000000 44,403 18 Jun 2021 Direct F1, F2
transaction GVP Common Stock Tax liability $4,764 -2,819 -6.3% $1.69 41,584 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. Khanna pursuant to the Issuer's Long-Term Incentive Plan.
F2 These shares were granted to Mr. Khanna as a bonus in recognition of his services during 2020 as the Senior Vice President, Professional Services of the Issuer.
F3 Shares withheld by the Issuer for payment of applicable taxes owed due to the grant of 7,765 shares of common stock to the Reporting Person.