Filing Details

Accession Number:
0001104706-12-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-04 14:25:22
Reporting Period:
2011-12-30
Filing Date:
2012-01-04
Accepted Time:
2012-01-04 14:25:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
70415 Gp Strategies Corp GPX Services-Educational Services (8200) 131926739
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1104706 P Harvey Eisen Bedford Oak Partners
100 South Bedford Road
Mount Kisco NY 10549
Yes No No Yes
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 2011-12-30 350,000 $12.30 0 No 4 S Indirect Indirect
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 42,820 Direct
Footnotes
  1. Consists of shares of common stock, par value, $0.01 per share, of GPX to be sold pursuant to a privately negotiated Stock Transfer Agreement entered into between Bedford Oak Partners, L.P. and Sagard Capital Partners, L.P. on December 30, 2011. The sale thereunder is anticipated to close on or before January 13, 2012.
  2. Shares owned directly by Bedford Oak Partners, L.P. (the "Partnership"). A portion of these securities may also be deemed to be owned beneficially indirectly by Bedford Oak Management, LLC, the general partner of the Partnership (the "General Partner"), and by Harvey P. Eisen, the Managing Member of the General Partner, in accordance with the respective "pecuniary interests" of such persons (within the meaning of Exchange Act Rule 16a-1(a)(2). An affiliated entity, Bedford Oak Advisors, LLC as investment manager of the Partnership ("Advisors") has the power to vote and dispose of such shares but has no pecuniary interest therein. The General Partner and Mr. Eisen disclam any beneficial interest in such securities in excess of such pecunary interest.