Filing Details

Accession Number:
0000899243-23-009313
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-21 17:22:40
Reporting Period:
2023-03-17
Accepted Time:
2023-03-21 17:22:40
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
1241831 J Philip Deutch 1700 K Street Nw, Suite 750
Washington DC 20006
No No Yes No
1421879 Energy Technology Partners, L.l.c. 1700 K Street Nw, Suite 750
Washington DC 20006
No No Yes No
1520014 Ngp Energy Technology Partners Ii, L.p. 1750 K Street Nw, Suite 700
Washington DC 20006
No No Yes 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 Disposition 2023-03-17 740,747 $0.72 1,875,778 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.625 to $0.9675 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. These securities are owned by NGP Energy Technology Partners II, L.P. ("NGP Energy Tech"). These securities may be deemed to be beneficially owned by NGP ETP II, L.L.C. ("NGP ETP"), Energy Technology Partners, L.L.C. ("ETP") and Philip J. Deutch ("Deutch"). NGP ETP is the general partner of NGP Energy Tech. ETP is the sole manager of NGP ETP and Deutch is the sole member and manager of ETP. Each of NGP ETP, ETP and Deutch (the "Reporting Persons") disclaim beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Act of 1934, as amended, or for any other purpose.