Filing Details

Accession Number:
0001140361-12-040861
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-09-18 17:17:48
Reporting Period:
2012-09-13
Filing Date:
2012-09-18
Accepted Time:
2012-09-18 17:17:48
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
1321526 R Gill Grady Gse Systems, Inc.
1332 Londontown Blvd.
Sykesville MD 21784
Sr. Vice President No 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 2012-09-13 500 $1.61 600 No 4 M Direct
Common Stock Acquisiton 2012-09-13 3,400 $1.61 4,000 No 4 M Direct
Common Stock Disposition 2012-09-13 500 $1.94 3,500 No 4 S Direct
Common Stock Disposition 2012-09-13 3,400 $1.93 100 No 4 S Direct
Common Stock Acquisiton 2012-09-14 161 $1.61 261 No 4 M Direct
Common Stock Acquisiton 2012-09-14 100 $1.61 361 No 4 M Direct
Common Stock Acquisiton 2012-09-14 2,700 $1.61 3,061 No 4 M Direct
Common Stock Acquisiton 2012-09-14 25,000 $1.61 28,061 No 4 M Direct
Common Stock Disposition 2012-09-14 161 $1.96 27,900 No 4 S Direct
Common Stock Disposition 2012-09-14 100 $1.95 27,800 No 4 S Direct
Common Stock Disposition 2012-09-14 2,700 $1.94 25,100 No 4 S Direct
Common Stock Disposition 2012-09-14 25,000 $1.93 100 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M 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 2012-09-13 500 $0.00 500 $1.61
Common Stock Employee Stock Option Disposition 2012-09-13 3,400 $0.00 3,400 $1.61
Common Stock Employee Stock Option Disposition 2012-09-14 161 $0.00 161 $1.61
Common Stock Employee Stock Option Disposition 2012-09-14 100 $0.00 100 $1.61
Common Stock Employee Stock Option Disposition 2012-09-14 2,700 $0.00 2,700 $1.61
Common Stock Employee Stock Option Disposition 2012-09-14 25,000 $0.00 25,000 $1.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
31,361 2013-03-14 No 4 M Direct
27,961 2013-03-14 No 4 M Direct
27,800 2013-03-14 No 4 M Direct
27,700 2013-03-14 No 4 M Direct
25,000 2013-03-14 No 4 M Direct
0 2013-03-14 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $3.40 2017-10-28 20,000 20,000 Direct
Common Stock Employee Stock Option $5.95 2018-10-23 40,000 40,000 Direct
Common Stock Employee Stock Option $1.85 2018-11-11 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-10-28 20,000 20,000 Direct
2018-10-23 40,000 40,000 Direct
2018-11-11 100,000 100,000 Direct
Footnotes
  1. Exercisable as follows: 22,000 3/14/2007; 16,500 3/14/2008; 16,500 3/14/2009
  2. Exercisable as follows: 8,000 10/28/2011; 6,000 10/28/2012; 6,000 10/28/2013
  3. Exercisable as follows: 5,714 10/23/2009; 5,714 10/23/2010; 5,714 10/23/2011; 5,715 10/23/2012; 5,714 10/23/2013; 5,714 10/23/2014; 5,715 10/23/2015
  4. Exercisable as follows: 20,000 11/11/2012; 20,000 11/11/2013; 20,000 11/11/2014; 20,000 11/11/2015; 20,000 11/11/2016