Sec Form 4 Filing - Baer Karl @ GP STRATEGIES CORP - 2014-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Baer Karl
2. Issuer Name and Ticker or Trading Symbol
GP STRATEGIES CORP [ GPX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
GP STRATEGIES CORPORATION, 11 MAIN ST.
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2014
(Street)
MYSTIC, CT06355
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/30/2014 D( 1 ) 4,181 D $ 29 10,218 D
Common Stock 09/30/2014 S( 1 ) 6,329 ( 2 ) D $ 29 4,124 I GP 401(k) Plan ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Baer Karl
GP STRATEGIES CORPORATION
11 MAIN ST.
MYSTIC, CT06355
Executive Vice President
Signatures
Karl Baer 10/02/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the number of shares tendered by the reporting person pursuant to the Registrant's modified Dutch auction tender offer which expired at 12:00 midnight, New York City time, on September 29, 2014.
( 2 )Sale of units in a unitized fund within the GP Strategies Retirement Plan, a 401K plan (the "Plan"), where each unit in the fund represents an allocated portion of shares of the Registrant's common stock and cash held by the trustee of the fund. The reported number of shares sold represents the number of shares within the fund allocated to the reporting person's account in the Plan and tendered by the trustee of the Plan after converting the cash portion of the units into shares of the Registrant's common stock and combining them with the shares previously allocated to the reporting person's account.
( 3 )Shares held in GP 401(k) Retirement Savings Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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