Pugh Daniel Warren - Jun 23, 2021 Form 4 Insider Report for GSE SYSTEMS INC (GVP)

Role
Chief Legal & Risk Officer
Signature
/s/ Daniel Warren Pugh
Stock symbol
GVP
Transactions as of
Jun 23, 2021
Transactions value $
$0
Form type
4
Date filed
6/25/2021, 04:18 PM
Previous filing
Jun 22, 2021
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVP Common Stock Award $0 +42.6K +55.21% $0.00 120K Jun 18, 2021 Direct F1, F2
* 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 represent restricted share units granted pursuant to a Restricted Share Unit Agreement between Mr. Pugh and the Issuer and are subject to forfeiture. The restricted share units awarded vest in one installment of 7,102 shares on June 30, 2021, nine installments of 3,551 shares on each of September 30, 2021, December 31, 2021, March 31, 2022, June 30, 2022, September 30, 2022, December 31, 2022, March 31, 2023, June 30, 2023, and September 30, 2023; and one installment of 3,553 shares on December 31, 2023.
F2 These restricted share units were granted to Mr. Pugh for his services as the Chief Legal & Risk Officer of the Issuer.