SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15 (d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 25, 2002
GSE Systems, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-26494 52-1868008
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(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
9189 Red Branch Road, Columbia, MD 21045
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (410) 772-3500
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(Former name or former address, if changed since last report)
Item 5. Other Events
The following information is deemed by registrant to be of importance to
security holders.
(a) On January 22, 2002, GSE executed the Subscription and Shareholders'
Agreement for Avantium International B.V. This Agreement superseded the
Subscription and Shareholders' Agreement dated February 24, 2000, as amended.
Item 7. Financial Statements, Pro Forma Information and Exhibits
(c) Exhibits
10.1 Exhibit Subscription and Shareholders' Agreement
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
GSE Systems, Inc.
Date: March 25, 2002 By: /s/ Jeffery G. Hough