-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AnZEgpOlaNmnQF/jHeUBb3iILGRMn6BJ2hfHsO+XERBkRdq14pQapcLKzhqry17r 0AlNCkt52cbd4zIrwl/2RQ== 0001209191-07-016095.txt : 20070306 0001209191-07-016095.hdr.sgml : 20070306 20070306202434 ACCESSION NUMBER: 0001209191-07-016095 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070302 FILED AS OF DATE: 20070306 DATE AS OF CHANGE: 20070306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERRY DAVID W CENTRAL INDEX KEY: 0001356921 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14785 FILM NUMBER: 07676155 BUSINESS ADDRESS: BUSINESS PHONE: 713.529.3660 MAIL ADDRESS: STREET 1: 4200 MONTROSE BLVD. STREET 2: SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 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: 7133 RUTHERFORD RD STREET 2: SUITE 200 CITY: BALTIMORE STATE: MD ZIP: 21244 BUSINESS PHONE: 4102773740 MAIL ADDRESS: STREET 1: 7133 RUTHERFORD RD STREET 2: SUITE 200 CITY: BALTIMORE STATE: MD ZIP: 21244 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SELECT CONTRARIAN VALUE PARTNERS L P CENTRAL INDEX KEY: 0001348301 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14785 FILM NUMBER: 07676157 BUSINESS ADDRESS: STREET 1: 4200 MONTROSE SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 BUSINESS PHONE: 713-529-3660 MAIL ADDRESS: STREET 1: 4200 MONTROSE SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Spectrum Galaxy Fund Ltd. CENTRAL INDEX KEY: 0001313253 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14785 FILM NUMBER: 07676159 BUSINESS ADDRESS: STREET 1: 9 COLUMBUS CENTER STREET 2: PELICAN DRIVE CITY: ROAD TOWN, TORTOLA STATE: D8 ZIP: D8 BUSINESS PHONE: 415-439-5273 MAIL ADDRESS: STREET 1: 50 CALIFORNIA STREET STREET 2: SUITE 1500 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kaizen Capital, L.L.C. CENTRAL INDEX KEY: 0001356769 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14785 FILM NUMBER: 07676156 BUSINESS ADDRESS: STREET 1: 4200 MONTROSE BLVD. STREET 2: SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 BUSINESS PHONE: 713.529.3660 MAIL ADDRESS: STREET 1: 4200 MONTROSE BLVD. STREET 2: SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAIZEN MANAGEMENT, L.P. CENTRAL INDEX KEY: 0001356770 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14785 FILM NUMBER: 07676158 BUSINESS ADDRESS: STREET 1: 4200 MONTROSE BLVD. STREET 2: SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 BUSINESS PHONE: 713.529.3660 MAIL ADDRESS: STREET 1: 4200 MONTROSE BLVD. STREET 2: SUITE 510 CITY: HOUSTON STATE: TX ZIP: 77006 4 1 bod43646_bod4km.xml MAIN DOCUMENT DESCRIPTION X0202 4 2007-03-02 0000944480 GSE SYSTEMS INC GVP 0001356770 KAIZEN MANAGEMENT, L.P. 4200 MONTROSE BLVD. SUITE 510 HOUSTON TX 77006 0 0 1 0 0001348301 SELECT CONTRARIAN VALUE PARTNERS L P 4200 MONTROSE BLVD. SUITE 510 HOUSTON TX 77006 0 0 1 0 0001356769 Kaizen Capital, L.L.C. 4200 MONTROSE BLVD. SUITE 510 HOUSTON TX 77006 0 0 1 0 0001356921 BERRY DAVID W 4200 MONTROSE BLVD. SUITE 510 HOUSTON TX 77006 0 0 1 0 0001313253 Spectrum Galaxy Fund Ltd. 50 CALIFORNIA STREET SUITE 1500 SAN FRANCISCO CA 94111 0 0 1 0 Common Stock 2007-03-02 4 C 0 729944 A 1293003 I See Footnote Series A Cumulative Convertible Preferred Common Stock 2007-03-02 4 C 0 729944 D Common Stock 729944 225989 I See Footnote This statement is filed by and on behalf of Select Contrarian Value Partners, L.P. ("Select"), Kaizen Management, L.P., as general partner of Select ("Management"), Kaizen Capital, L.L.C., as general partner of Management ("Capital"), David W. Berry, as the manager and member of Capital ("Berry"), and Spectrum Galaxy Fund Ltd. ("Spectrum"). Each of the reporting persons states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each of the reporting persons disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. The transaction relates to a conversion of Series A Cumulative Convertible Preferred Common Stock of Issuer by Select. Exhibit 99.1 - Joint Filing Information By: Kaizen Capital, L.L.C., It's: General Partner, By: /s/ David W. Berry, Name: David W. Berry, Title: Manager 2007-03-06 EX-99 2 d43646_4ex991.txt ADDITIONAL EXHIBITS EXHIBIT 99.1 JOINT FILER INFORMATION OTHER REPORTING PERSON(s) 1. SELECT CONTRARIAN VALUE PARTNERS, L.P.
ITEM INFORMATION ---- ----------- Name: Select Contrarian Value Partners, L.P. Address: 4200 Montrose Blvd., Suite 510 Houston, Texas 77006 Designated Filer: Kaizen Management, L.P. Issuer Name and Ticker or GSE SYSTEMS, INC. [GVP] Trading Symbol: Date of Earliest Transaction March 2, 2007 Required to be Reported (Month/Day/Year): If Amendment, Date Original Filed Not Applicable (Month/Day/Year): Relationship of Reporting Person(s) 10% Owner to Issuer: Individual or Joint/Group Filing: Form filed by More than One Reporting Person Signature: By: Kaizen Management, L.P. Its: General Partner By: Kaizen Capital, L.L.C. Its: General Partner By: /s/ David W. Berry ------------------------------------ Name: David W. Berry Title: Manager Date: March 6, 2007
2. KAIZEN CAPITAL, L.L.C.
ITEM INFORMATION ---- ----------- Name: Kaizen Capital, L.L.C. Address: 4200 Montrose Blvd., Suite 510 Houston, Texas 77006 Designated Filer: Kaizen Management, L.P. Issuer Name and Ticker or GSE SYSTEMS, INC. [GVP] Trading Symbol: Date of Earliest Transaction March 2, 2007 Required to be Reported (Month/Day/Year): If Amendment, Date Original Filed Not Applicable (Month/Day/Year): Relationship of Reporting 10% Owner Person(s) to Issuer: Individual or Joint/Group Filing: Form filed by More than One Reporting Person Signature: By: /s/ David W. Berry ------------------------------------ Name: David W. Berry Title: Manager Date: March 6, 2007
3. DAVID W. BERRY
ITEM INFORMATION ---- ----------- Name: David W. Berry Address: 4200 Montrose Blvd., Suite 510 Houston, Texas 77006 Designated Filer: Kaizen Management, L.P. Issuer Name and Ticker or GSE SYSTEMS, INC. [GVP] Trading Symbol: Date of Earliest Transaction March 2, 2007 Required to be Reported (Month/Day/Year): If Amendment, Date Original Filed Not Applicable (Month/Day/Year): Relationship of Reporting 10% Owner Person(s) to Issuer: Individual or Joint/Group Filing: Form filed by More than One Reporting Person Signature: By: /s/ David W. Berry ------------------------------------ Name: David W. Berry Date: March 6, 2007
4. SPECTRUM GALAXY FUND LTD.
ITEM INFORMATION ---- ----------- Name: Spectrum Galaxy Fund Ltd. Address: 50 California Street Suite 1500 San Francisco, CA 94111 Designated Filer: Kaizen Management, L.P. Issuer Name and Ticker or GSE SYSTEMS, INC. [GVP] Trading Symbol: Date of Earliest Transaction March 2, 2007 Required to be Reported (Month/Day/Year): If Amendment, Date Original Filed Not Applicable (Month/Day/Year): Relationship of Reporting 10% Owner Person(s) to Issuer: Individual or Joint/Group Filing: Form filed by More than One Reporting Person Signature: By: /s/ Dion R. Friedland ------------------------------------ Name: Dion R. Friedland Title: Authorized Signatory Date: March 6, 2007
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