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GEE Group Inc. — Director's Dealing 2011
Oct 6, 2011
34917_dirs_2011-10-06_de178312-7c36-4f7f-b7c1-6b678f0d1688.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: 2011-10-04
Reporting Person: Imhoff Brad A (COO & Pres. of Prof. Staffing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-10-04 | Common Stock | P | 1250000 | — | Acquired | 1250000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1150 | Direct |
| Common Stock | 1150 | Indirect |
Footnotes
F1: The reported securites are held by Ashley Ellis LLC ("Ashley Ellis"), an Illinois limited liability company of which Mr. Imhoff is the sole member and Chief Executive Officer. As a result, Mr. Imhoff may be deemed to beneficially own the Issuer's securities held byAshley Ellis. Mr. Imhoff disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that Mr. Imhoff is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Ashley Ellis acquired the reported securities from the Issuer in exchange for assets sold to the Issuer under that certain asset purchase agreement, dated as of August 31, 2011, by and among the Issuer, Ashley Ellis and Mr. Imhoff. The assets sold to the Issuer in exchange for the reported securities have an estimated market value of $331,250.
F2: The reported securities are held by Mr. Imhoff as custodian for his daughter, Lisa Imhoff, under the Uniform Gift to Minors Act. Mr. Imhoff disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that Mr. Imhoff is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.