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
Gwirtsman Charles
Director10% Owner
Transactions
- Award
Options (Right to Buy)
2008-12-04+50,896→ 50,896 totalExercise: $0.30From: 2009-12-04Exp: 2018-12-03→ Common Stock (50,896 underlying)
Holdings
- 72.6(indirect: By Capital Resources Growth, Inc.)
Series A Convertible Preferred Stock
Exercise: $4.07From: 2008-07-16Exp: 2013-03-31→ Common Stock (21,227.3 underlying) - 58,023(indirect: By LLC)
Common Stock
- 23,000
Options (Right to Buy)
Exercise: $3.00From: 2008-08-16Exp: 2017-08-15→ Common Stock (23,000 underlying) - 29,422.6(indirect: By Capital Resources Growth, Inc.)
Common Stock
- 50,721
Options (Right to Buy)
Exercise: $1.75From: 2009-04-03Exp: 2018-04-02→ Common Stock (50,721 underlying) - 1,186,925(indirect: By LLC)
Common Stock
- 175,122
Common Stock
- (indirect: By LLC)
Senior Secured Convertible Notes
Exercise: $4.40From: 2006-09-29Exp: 2011-03-30→ Common Stock (26,137 underlying) - 104,447(indirect: By KRG Capital Management, L.P.)
Common Stock
- 4,755(indirect: By Spouse)
Common Stock
- 45,500
Options (Right to Buy)
Exercise: $3.00From: 2007-02-14Exp: 2017-02-13→ Common Stock (45,500 underlying)
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.
Documents
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