0001140361-24-017352.txt : 20240402 0001140361-24-017352.hdr.sgml : 20240402 20240402195337 ACCESSION NUMBER: 0001140361-24-017352 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201229 FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOONCE CALVIN SCOTT CENTRAL INDEX KEY: 0001026013 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 000-03676 FILM NUMBER: 24816459 MAIL ADDRESS: STREET 1: 6229 EXECUTIVE BOULEVARD CITY: ROCKVILLE STATE: MD ZIP: 20852 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VSE CORP CENTRAL INDEX KEY: 0000102752 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 540649263 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6348 WALKER LANE CITY: ALEXANDRIA STATE: VA ZIP: 22310 BUSINESS PHONE: 7039604600 MAIL ADDRESS: STREET 1: 6348 WALKER LANE CITY: ALEXANDRIA STATE: VA ZIP: 22310 FORMER COMPANY: FORMER CONFORMED NAME: VALUE ENGINEERING CO DATE OF NAME CHANGE: 19790612 5 1 form5.xml FORM 5 X0508 5 2020-12-29 0 0 0000102752 VSE CORP VSEC 0001026013 KOONCE CALVIN SCOTT 6229 EXECUTIVE BOULEVARD ROCKVILLE MD 20852 true true false Common Stock, par value $.05 1341052 D Common Stock, par value $.05 20000 I See footnote Common Stock, par value $.05 2020-11-29 5 G 0 501584 0 D 501584 I See footnote Represents shares of Common Stock held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of any of the shares of Common Stock of the Issuer held by the Reporting Person's spouse, except to the extent of his pecuniary interest therein, if any. The reported transaction was three contemporaneous gifts by assignment of a 32 2/3% membership interest (for an aggregate of 98% membership interest) in Koonce LLC, a family limited liability company ("LLC"), to each of three trusts for the benefit of the Reporting Person's descendants effected solely for family investment planning purposes. Each gift was subject to a gift agreement limiting the fair market value ("FMV") of each gift to 1/3 of the then existing exclusion amount of the Reporting Person and his spouse under Section 2010(c)(3)(C) of the Internal Revenue Code of 1986, as amended. Determination of FMV was made by an independent valuation firm which determined that the percentage gifted to each trust was 31.52% of the LLC which approximated to an indirect pecuniary interest in 158,099 shares of Common Stock (for an approximate aggregate indirect pecuniary interest of 474,297 shares of Common Stock). Pursuant to General Instruction 4(b)(iv) of Form 5, the entire amount of the LLC's interest in the Common Stock of the Issuer is being reported. The Reporting Person disclaims beneficial ownership of any of the shares of Common Stock of the Issuer held by the LLC, except to the extent of his pecuniary interest therein, if any. Represents shares of Common Stock held by the LLC. /s/ Calvin S. Koonce 2024-04-01