Home/Filings/4/0001005477-08-006745
4//SEC Filing

Global Employment Holdings, Inc. 4

Accession 0001005477-08-006745

CIK 0001348155operating

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 8:03 PM ET

Size

14.7 KB

Accession

0001005477-08-006745

Insider Transaction Report

Form 4
Period: 2008-12-04
Brill Howard
DirectorCEO and President10% Owner
Transactions
  • Award

    Options (Right to Buy)

    2008-12-04+251,416251,416 total
    Exercise: $0.30From: 2009-12-04Exp: 2018-12-03Common Stock (251,416 underlying)
Holdings
  • Options (Right to Buy)

    Exercise: $3.00From: 2007-02-14Exp: 2017-02-13Common Stock (262,500 underlying)
    262,500
  • Common Stock

    2,135,534.6
  • Options (Right to Buy)

    Exercise: $3.00From: 2008-08-16Exp: 2017-08-15Common Stock (149,000 underlying)
    149,000
  • Senior Secured Convertible Notes

    Exercise: $4.40From: 2006-09-29Exp: 2011-03-30Common Stock (261,364 underlying)
  • Options (Right to Buy)

    Exercise: $1.75From: 2009-04-03Exp: 2018-04-02Common Stock (150,000 underlying)
    150,000
  • Series A Convertible Preferred Stock

    Exercise: $4.07From: 2008-06-17Exp: 2013-03-31Common Stock (136,608.6 underlying)
    468
Footnotes (8)
  • [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) 812,916 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.
  • [F8]Option was granted for no consideration.

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, 8:03 PM ET
Size
14.7 KB