Filing Details

Accession Number:
0001140361-13-013032
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-18 17:46:04
Reporting Period:
2013-03-14
Filing Date:
2013-03-18
Accepted Time:
2013-03-18 17:46:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
944480 Gse Systems Inc GVP Services-Prepackaged Software (7372) 521868008
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1018200 I Jerome Feldman Gse Systems, Inc.
1332 Londontown Blvd.
Sykesville MD 21784
Chariman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-14 85,000 $2.00 313,858 No 4 M Direct
Common Stock Disposition 2013-03-14 70,655 $2.00 243,203 No 4 F Direct
Common Stock Disposition 2013-03-14 1,200 $2.03 242,003 No 4 S Direct
Common Stock Disposition 2013-03-14 500 $2.02 241,503 No 4 S Direct
Common Stock Disposition 2013-03-14 300 $2.02 241,203 No 4 S Direct
Common Stock Disposition 2013-03-14 3,845 $2.02 237,358 No 4 S Direct
Common Stock Disposition 2013-03-14 400 $2.01 236,958 No 4 S Direct
Common Stock Disposition 2013-03-14 1,200 $2.00 235,758 No 4 S Direct
Common Stock Disposition 2013-03-14 1,900 $2.00 233,858 No 4 S Direct
Common Stock Disposition 2013-03-14 1,000 $1.99 232,858 No 4 S Direct
Common Stock Disposition 2013-03-15 900 $1.98 231,958 No 4 S Direct
Common Stock Disposition 2013-03-15 2,840 $1.99 229,118 No 4 S Direct
Common Stock Disposition 2013-03-15 260 $2.00 228,858 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2013-03-14 85,000 $0.00 85,000 $1.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-03-14 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,341 Indirect GP 402(K) Retirement Plan
Common Stock 354 Indirect Held by members of Mr. Feldman's Family
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $1.85 2018-11-11 150,000 150,000 Direct
Common Stock Employee Stock Option $3.40 2017-10-28 40,000 40,000 Direct
Common Stock Employee Stock Option $5.95 2018-10-23 100,000 100,000 Direct
Common Stock Employee Stock Option $3.40 2017-10-28 10,000 10,000 Indirect
Common Stock Employee Stock Option $5.95 2018-10-23 25,000 25,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-11-11 150,000 150,000 Direct
2017-10-28 40,000 40,000 Direct
2018-10-23 100,000 100,000 Direct
2017-10-28 10,000 10,000 Indirect
2018-10-23 25,000 25,000 Indirect
Footnotes
  1. Exercisable as follows: 34,000 3/14/2007; 25,500 3/14/2008; 25,500 3/14/2009
  2. Exercisable as follows: 30,000 11/11/2012; 30,000 11/11/2013; 30,000 11/11/2014; 30,000 11/11/2015, 30,000 11/11/2016
  3. Exercisable as follows: 16,000 10/28/2011; 12,000 10/28/2012; 12,000 10/28/2013
  4. Exercisable as follows: 14,285 10/23/2009; 14,286 10/23/2010; 14,286 10/23/2011; 14,285 10/23/2012; 14,286 10/23/2013; 14,286 10/23/2014; 14,286 10/23/2015
  5. Exercisable as follows: 4,000 10/28/2011; 3,000 10/28/2012; 3,000 10/28/2013
  6. Exercisable as follows: 3,571 10/23/2009; 3,571 10/23/2010; 3,572 10/23/2011; 3,571 10/23/2012; 3,572 10/23/2013; 3,571 10/23/2014; 3,572 10/23/2015