Kim Thorpe - Dec 1, 2023 Form 4 Insider Report for GEE Group Inc. (JOB)

Role
Senior Vice President, CFO
Signature
/s/ Kim Thorpe
Stock symbol
JOB
Transactions as of
Dec 1, 2023
Transactions value $
-$4,215
Form type
4
Date filed
12/5/2023, 04:22 PM
Previous filing
Dec 6, 2022
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOB Common Stock, no par value Award $49.6K +91.9K +7.56% $0.54 1.31M Dec 1, 2023 FRUS Capital LLC F1, F2, F3
transaction JOB Common Stock, no par value Tax liability -$53.9K -68.2K -5.22% $0.79 1.24M Dec 1, 2023 FRUS Capital LLC 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) 45,972 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) 45,972 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 208,333 shares of restricted common stock 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.