X0202 4/A 2007-09-30 2007-10-04 0 0001348155 Global Employment Holdings, Inc. GEYH 0001377032 Goldman Richard Allan C/O GLOBAL EMPLOYMENT HOLDINGS, INC. 10375 PARK MEADOWS DR., SUITE 375 LONE TREE CO 80124 1 0 0 0 Common Stock 2007-09-30 4 A 0 13333 1.50 A 92293 D Common Stock Warrants (Right to Buy) 4.40 2006-09-29 2011-03-30 Common Stock 1319 1319 D Senior Secured Convertible Notes 4.40 2006-09-29 2011-03-30 Common Stock 13182 58000 D Options (Right to Buy) 3 2007-02-14 2017-02-13 Common Stock 34125 34125 D Options (Right to Buy) 3 2008-08-16 2017-08-15 Common Stock 17000 17000 D Common Stock Warrants (Right to Buy) 1.80 2007-09-30 4 A 0 13334 0 A 2007-09-30 2014-09-30 Common Stock 13334 13334 D Includes: (i) 14,653 shares of common stock underlying warrants to purchase common stock, whether or not presently exercisable, (ii) 13,182 shares of common stock issuable upon conversion of convertible notes, whether or not presently convertible, and (iii) 51,125 shares of common stock underlying options to purchase common stock, whether or not presently exercisable. Acquired on this date by the reporting person, but first exercisable or convertible, as applicable, under its terms on March 31, 2006. Maturity date. Granted for no consideration. Options vest in three equal annual installments, beginning on this date. The exercise price of these warrants, previously reported on Form 4 by the reporting person, automatically adjusted on September 30, 2007 pursuant to the terms of the warrants and remains subject to future automatic adjustment pursuant to the terms of the warrants. The conversion price of these convertible notes and the number of shares of the issuer's common stock issuable upon conversion of these convertible notes, each previously reported on Form 4 by the reporting person, automatically adjusted on September 30, 2007 pursuant to the terms of the convertible notes and remain subject to future automatic adjustment pursuant to the terms of the convertible notes. The issuer and reporting person entered into a Subscription Agreement and closed the transactions contemplated thereby on October 3, 2007. The Subscription Agreement is effective as of September 30, 2007. The transaction date reflects the effective date of the Subscription Agreement. /s/ Jeffrey M. Knetsch, attorney in fact 2007-10-09