Kim Thorpe - May 21, 2024 Form 4 Insider Report for GEE Group Inc. (JOB)

Signature
/s/ Kim Thorpe
Stock symbol
JOB
Transactions as of
May 21, 2024
Transactions value $
$29,004
Form type
4
Date filed
5/23/2024, 09:49 PM
Previous filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOB Common Stock, no par value Purchase $12.5K +35.9K +2.9% $0.35 1.28M May 21, 2024 Self-Directed IRA Account F1
transaction JOB Common Stock, no par value Purchase $16.5K +46.3K +3.63% $0.36 1.32M May 23, 2024 Self-Directed IRA Account F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held under a Self-Directed IRA Account for which Mr. Thorpe has the sole voting and dipositive power over the shares.
F2 Includes (a) 192,657 shares of common stock that are held by FRUS Capital, LLC, an entity 50% owned by Mr. Thorpe and 50% owned by his wife, Susan M. Thorpe, and (b) 920,384 shares owned by Mr. Thorpe directly, of which 438,178 are restricted shares to be earned over three-year periods from their dates of grant and cliff vest as follows: (i) 208,333 restricted shares on August 13, 2024, (ii) 183,873 restricted shares on December 2, 2025, and (iii) 45,972 restricted shares on December 1, 2026. In addition, included are 208,314 restricted shares that Mr. Thorpe is eligible to earn in the future under the Company's Annual Incentive Compensation Program, but for which the final amounts to be granted are to be earned over three-year periods from their dates of grant, and that also are subject to the achievement of future performance-based measures.