4//SEC Filing
Global Employment Holdings, Inc. 4
Accession 0001005477-08-004206
CIK 0001348155operating
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 1:57 PM ET
Size
14.1 KB
Accession
0001005477-08-004206
Insider Transaction Report
Form 4
Brill Howard
DirectorCEO and President10% Owner
Transactions
- Purchase
Series A Convertible Preferred Stock
2008-06-17$263.89/sh+468$123,501→ 468 totalExercise: $4.07From: 2008-06-17Exp: 2013-03-31→ Common Stock (136,608.6 underlying) - Purchase
Common Stock
2008-06-17$1.25/sh+5,200$6,500→ 1,884,118.6 total
Holdings
Senior Secured Convertible Notes
Exercise: $4.40From: 2006-09-29Exp: 2011-03-30→ Common Stock (261,364 underlying)- 149,000
Options (Right to Buy)
Exercise: $3.00From: 2008-08-16Exp: 2017-08-15→ Common Stock (149,000 underlying) - 150,000
Options (Right to Buy)
Exercise: $1.75From: 2009-04-03Exp: 2018-04-02→ Common Stock (150,000 underlying) - 262,500
Options (Right to Buy)
Exercise: $3.00From: 2007-02-14Exp: 2017-02-13→ Common Stock (262,500 underlying)
Footnotes (7)
- [F1]Includes: (i) 261,364 shares of common stock issuable upon conversion of convertible notes, whether or not presently convertible, (ii) 136,608.60 shares of common stock issuable upon conversion of Series A Convertible Preferred Stock, whether or not presently convertible, and (iii) 561,500 shares of common stock issuable upon exercise of options to purchase common stock, whether or not presently exercisable.
- [F2]The conversion price of these convertible notes and the number of shares of the issuer's common stock issuable upon conversion of these convertible notes, each previously reported on Form 4 by the reporting person, automatically adjusted on September 30, 2007 pursuant to the terms of the convertible notes and remain subject to future automatic adjustment pursuant to the terms of the convertible notes.
- [F3]Acquired on this date by the reporting person, but first exercisable or convertible, as applicable, under its terms on March 31, 2006.
- [F4]Maturity date.
- [F5]Options vest in three equal annual installments, beginning on this date.
- [F6]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.
- [F7]Each share of Series A Convertible Preferred Stock is automatically redeemable by the issuer under its terms on this maturity date.
Documents
Issuer
Global Employment Holdings, Inc.
CIK 0001348155
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001348155
Filing Metadata
- Form type
- 4
- Filed
- Jun 18, 8:00 PM ET
- Accepted
- Jun 19, 1:57 PM ET
- Size
- 14.1 KB