Benjamin E. Thomas - 11 Mar 2022 Form 4 Insider Report for VSE CORP (VSEC)

Role: President, VSE Aviation, Inc.
Signature: /s/ Christine R. Kaineg, Attorney-in-Fact
Issuer symbol: VSEC
Transactions as of: 11 Mar 2022
Net transactions value: -$4,633
Form type: 4
Filing time: 14 Mar 2022, 17:13:34 UTC
Previous filing: 03 Jan 2022
Next filing: 04 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VSEC	Common Stock, par value $.05	Award	$0	+454	+2.9%	$0.000000	16,340	11 Mar 2022	Direct	F1
transaction	VSEC	Common Stock, par value $.05	Tax liability	$4,633	-107	-0.65%	$43.30	16,233	11 Mar 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VSEC	Restricted Stock Units	Award	$0	+3,215		$0.000000	3,215	11 Mar 2022	Common Stock, par value $.05	3,215		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects vesting of annual stock-settled dollar-denominated bonus awards earned based on prior performance in the year of grant and generally vesting over a three-year service period in three equal tranches.
F2	Each restricted stock unit represents a contingent right to receive one share of VSE Corporation common stock.
F3	The restricted stock units will generally vest in substantially equal installments on each of March 11, 2023, March 11, 2024 and March 11, 2025.