Pepe Emmett Anthony - Apr 5, 2022 Form 4 Insider Report for GSE SYSTEMS INC (GVP)

Role
Chief Financial Officer
Signature
/s/ Emmett Pepe
Stock symbol
GVP
Transactions as of
Apr 5, 2022
Transactions value $
$0
Form type
4
Date filed
4/6/2022, 04:55 PM
Previous filing
Apr 1, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVP Common Stock Award $0 +133K +52.46% $0.00 387K Apr 5, 2022 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. Pepe and the Issuer and are subject to forfeiture. The restricted share units awarded vest in one installment of 22,204 shares on June 30, 2022, nine installments of 11,102 shares on each of September 30, 2022, December 31, 2022, March 31, 2023, June 30, 2023, September 30, 2023, December 31, 2023, March 31, 2024, June 30, 2024, and September 30, 2024; and one installment of 11,107 shares on December 31, 2024.
F2 These restricted share units were granted to Mr. Pepe for his services as the Chief Financial Officer of the Issuer.