0001140361-17-002864.txt : 20170125 0001140361-17-002864.hdr.sgml : 20170125 20170125163315 ACCESSION NUMBER: 0001140361-17-002864 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170123 FILED AS OF DATE: 20170125 DATE AS OF CHANGE: 20170125 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GSE SYSTEMS INC CENTRAL INDEX KEY: 0000944480 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 521868008 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1332 LONDONTOWN BLVD CITY: SYKESVILLE STATE: MD ZIP: 21784 BUSINESS PHONE: 4109707874 MAIL ADDRESS: STREET 1: 1332 LONDONTOWN BLVD CITY: SYKESVILLE STATE: MD ZIP: 21784 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sorrells Christopher D. CENTRAL INDEX KEY: 0001477462 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14785 FILM NUMBER: 17546672 MAIL ADDRESS: STREET 1: REG NEWCO, INC. STREET 2: 416 S. BELL AVENUE CITY: AMES STATE: IA ZIP: 50010 4 1 doc1.xml FORM 4 X0306 4 2017-01-23 0 0000944480 GSE SYSTEMS INC GVP 0001477462 Sorrells Christopher D. C/O GSE SYSTEMS INC. 1332 LONDONTOWN BLVD SYKESVILLE MD 21784 1 1 0 0 Chief Operating Officer Common Stock 2017-01-23 4 M 0 125000 A 405644 D Common Stock 2017-01-23 4 F 0 35742 3.10 D 369902 D Performance Rights 2017-01-23 4 M 0 125000 D 2021-08-15 Common Stock 125000 210000 D Each performance right represents a contingent right to receive one share of Issuer Common Stock if the Volume Weighted Average Price of the Issuer's Common Stock as quoted on the NYSE MKT exceeds $3.25 for a 30 consecutive trading day period. /s/ Christopher D Sorrells 2017-01-25