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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Imhoff Brad A C/O GENERAL EMPLOYMENT ENTERPRISES, INC. ONE TOWER LANE, SUITE 2200 OAKBROOK TERRACE, IL 60181 |
COO & Pres. of Prof. Staffing |
/s/ Brad A. Imhoff | 10/06/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 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. |
(2) | 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. |