Derek E. Dewan - Dec 1, 2023 Form 4 Insider Report for GEE Group Inc. (JOB)

Role
CEO, Director
Signature
/s/ Derek E. Dewan
Stock symbol
JOB
Transactions as of
Dec 1, 2023
Transactions value $
$7,875
Form type
4
Date filed
12/5/2023, 04:22 PM
Previous filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOB Common Stock, no par value Award $77.7K +144K +5.07% $0.54 2.98M Dec 1, 2023 Derek Dewan Irrevocable Living Trust II F1, F2, F3
transaction JOB Common Stock, no par value Tax liability -$69.8K -88.4K -2.96% $0.79 2.9M Dec 1, 2023 Derek Dewan Irrevocable Living Trust II F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of restricted common stock were granted on December 1, 2023, and are comprised of; (i) 71,944 restricted shares that are to be earned over a three-year period and cliff vest at the end of the third anniversary of the grant date (December 1, 2026); and (ii) 71,944 shares that are also to be earned over a three-year period and cliff vest at the end of the third anniversary of the grant date (December 1, 2026), but for which the final amounts to be granted, are also subject to the achievement of performance based measures.
F2 The closing price of the Company's common stock as reported on the NYSE American on December 1, 2023.
F3 Includes 250,000 shares of restricted common stock, previously granted, that cliff vest on August 12, 2024.
F4 Represents the forfeiture of performance-based shares of restricted common stock granted to the reporting person on December 2, 2022 that were subject to the achievement of performance based measures.