Suresh Sundaram - Jun 14, 2022 Form 4 Insider Report for GSE SYSTEMS INC (GVP)

Role
Director
Signature
/s/ Suresh Sundaram
Stock symbol
GVP
Transactions as of
Jun 14, 2022
Transactions value $
$0
Form type
4
Date filed
6/16/2022, 04:36 PM
Previous filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVP Common Stock Award $0 +46.6K +29.37% $0.00 205K Jun 14, 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 Dr. Sundaram and the Issuer and are subject to forfeiture. The restricted share units awarded will vest at the earlier of June 14, 2023 or the date of the Issuer's 2023 Annual Meeting of Stockholders.
F2 These restricted share units were granted to Dr. Sundaram for his service as a member of the Board of Directors of the Issuer.