David Sandberg - Sep 19, 2023 Form 4 Insider Report for GEE Group Inc. (JOB)

Role
Director
Signature
/s/ David Sandberg
Stock symbol
JOB
Transactions as of
Sep 19, 2023
Transactions value $
$29,500
Form type
4
Date filed
11/14/2023, 07:40 PM
Previous filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOB Common Stock, no par value Award $29.5K +50K +0.5% $0.59 10M Sep 19, 2023 By: The Red Oak Fund, L.P. and The Red Oak Long Fund, L.P. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 50,000 restricted common stock were granted as compensation for services as a director of the Company and will cliff vest at the end of a three-year period on September 19, 2026.
F2 The closing price of the Company's common stock as reported on the NYSE American on September 19, 2023.
F3 Red Oak Fund, L.P. ("ROF") and Red Oak Long Fund, L.P. ("ROLF") are each controlled by Red Oak Partners, LLC ("ROP"). Mr. Sandberg is the controlling member of ROP. Mr. Sandberg, as the managing member of ROP may be deemed to beneficially own the shares of Common Stock beneficially owned by ROP through ROF and ROLF.