Global Employment Holdings, Inc. 4
4 · Global Employment Holdings, Inc. · Filed Jun 19, 2008
Insider Transaction Report
Form 4
List Steven
DirectorChief Operating Officer
Transactions
- Purchase
Common Stock
2008-06-17$1.25/sh+2,000$2,500→ 537,760.77 total - Purchase
Series A Convertible Preferred Stock
2008-06-17$263.89/sh+180$47,500→ 180 totalExercise: $4.07From: 2008-06-17Exp: 2013-03-31→ Common Stock (52,541.77 underlying)
Holdings
- 100,000
Options (Right to Buy)
Exercise: $3.00From: 2008-03-14Exp: 2017-03-13→ Common Stock (100,000 underlying) - 68,100
Options (Right to Buy)
Exercise: $3.00From: 2008-08-16Exp: 2017-08-15→ Common Stock (68,100 underlying) - 12,323
Options (Right to Buy)
Exercise: $3.00From: 2007-02-14Exp: 2017-02-13→ Common Stock (12,323 underlying) - 90,000
Options (Right to Buy)
Exercise: $1.75From: 2009-04-03Exp: 2018-04-02→ Common Stock (90,000 underlying)
Footnotes (6)
- [F1]Includes 270,423 shares of common stock underlying options to purchase common stock, whether or not presently exercisable, and 52,541.77 shares of common stock underlying Series A Convertible Preferred Stock, whether or not presently convertible.
- [F2]11,375 of these options vested on this date and 948 of these options vested on March 13, 2007 pursuant to an accelerated vesting schedule approved by the issuer's board of directors in accordance with Rule 16b-3(d) promulgated under the Securities Exchange Act of 1934, as amended.
- [F3]Options vest in three equal annual installments, beginning on this date.
- [F4]The conversion price and the number of shares of the issuer's common stock issuable upon conversion of the Series A Convertible Preferred Stock is subject to future adjustment pursuant to the terms of the Series A Convertible Preferred Stock.
- [F5]Acquired on this date by the reporting person but first convertible under its terms on March 31, 2006.
- [F6]Each share of Series A Convertible Preferred Stock is automatically redeemable by the issuer under its terms on this maturity date.