Home/Filings/4/0001005477-08-006744
4//SEC Filing

Global Employment Holdings, Inc. 4

Accession 0001005477-08-006744

CIK 0001348155operating

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 8:01 PM ET

Size

21.3 KB

Accession

0001005477-08-006744

Insider Transaction Report

Form 4
Period: 2008-12-04
Gwirtsman Charles
Director10% Owner
Transactions
  • Award

    Options (Right to Buy)

    2008-12-04+50,89650,896 total
    Exercise: $0.30From: 2009-12-04Exp: 2018-12-03Common Stock (50,896 underlying)
Holdings
  • Series A Convertible Preferred Stock

    (indirect: By Capital Resources Growth, Inc.)
    Exercise: $4.07From: 2008-07-16Exp: 2013-03-31Common Stock (21,227.3 underlying)
    72.6
  • Common Stock

    (indirect: By LLC)
    58,023
  • Options (Right to Buy)

    Exercise: $3.00From: 2008-08-16Exp: 2017-08-15Common Stock (23,000 underlying)
    23,000
  • Common Stock

    (indirect: By Capital Resources Growth, Inc.)
    29,422.6
  • Options (Right to Buy)

    Exercise: $1.75From: 2009-04-03Exp: 2018-04-02Common Stock (50,721 underlying)
    50,721
  • Common Stock

    (indirect: By LLC)
    1,186,925
  • Common Stock

    175,122
  • Senior Secured Convertible Notes

    (indirect: By LLC)
    Exercise: $4.40From: 2006-09-29Exp: 2011-03-30Common Stock (26,137 underlying)
  • Common Stock

    (indirect: By KRG Capital Management, L.P.)
    104,447
  • Common Stock

    (indirect: By Spouse)
    4,755
  • Options (Right to Buy)

    Exercise: $3.00From: 2007-02-14Exp: 2017-02-13Common Stock (45,500 underlying)
    45,500
Footnotes (15)
  • [F1]Includes 170,117 shares of common stock underlying options to purchase common stock, whether or not presently exercisable.
  • [F10]Includes 27,690 shares of common stock issuable upon conversion of convertible notes, whether or not presently convertible and 72.6 shares of common stock issuable upon conversion of Series A Convertible Preferred Stock, whether or not presently convertible.
  • [F11]Reporting person is the President of this entity.
  • [F12]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 remain subject to future automatic adjustment pursuant to the terms of the convertible notes.
  • [F13]The conversion price and the number of shares of 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.
  • [F14]Each share of Series A Convertible Preferred Stock is automatically redeemable by the issuer under its terms on this maturity date.
  • [F15]Option was granted for no consideration.
  • [F2]Includes 3,754 shares held by reporting person's spouse and 1,001 shares held by reporting person's spouse, as custodian for minor children.
  • [F3]Reporting person is a managing director of this entity.
  • [F4]Includes 26,137 shares of common stock issuable upon conversion of convertible notes, whether or not presently convertible.
  • [F5]Reporting person is the sole manager and a member of this entity.
  • [F6]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.
  • [F7]Acquired on this date by the reporting person, but first exercisable or convertible, as applicable, under its terms on March 31, 2006.
  • [F8]Maturity date.
  • [F9]Options vest in three equal annual installments, beginning on this date.

Issuer

Global Employment Holdings, Inc.

CIK 0001348155

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001348155

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 8:01 PM ET
Size
21.3 KB