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GEE Group Inc. — Director's Dealing 2010
Dec 8, 2010
34917_dirs_2010-12-08_a4850426-e9f5-46b0-bf02-1884b62118c9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENERAL EMPLOYMENT ENTERPRISES INC (JOB)
CIK: 0000040570
Period of Report: 2010-11-17
Reporting Person: Pence Stephen B (Former Director and 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-17 | Common Stock | S | 9735287 | — | Disposed | 0 | Indirect |
Footnotes
F1: The reported securities are held by PSQ, LLC, a limited liability company of which the reporting person was the sole managing member. On November 17, 2010, the reporting person sold 100% of the membership interests in PSQ, LLC in consideration for the purchaser's assumption of promissory notes issued by the reporting person to Accredited Investor Resources, LLC in the original principal amounts of $1,925,000 and $1,221,172.20. As a result, the reporting person no longer beneficially owns any shares of the Issuer's common stock held by PSQ, LLC. In addition, effective as of November 23, 2010, the reporting person resigned as a member of the Issuer's Board of Directors.