SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Selig David P.

(Last) (First) (Middle)
C/O GREEN ENERGY MANAGEMENT SERVICES
HOLDINGS INC., 2251 DRUSILLA LANE, STE B

(Street)
BATON ROUGE LA 70809

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/11/2013
3. Issuer Name and Ticker or Trading Symbol
Green Energy Management Services Holdings, Inc. [ GRMS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.0001 par value 600,000(1) I By Selig & Associates(2)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This Form 3 is being filed in connection with the appointment of the Reporting Person as the Chief Financial Officer of the Issuer effective as of October 11, 2013.
2. In connection with the Reporting Person's appointment, the Issuer entered into an agreement with Selig & Associates ("S&A") pursuant to which S&A will receive certain compensation for the services provided by Mr. Selig to the Issuer. Under the agreement S&A received, among other compensation, 600,000 restricted shares (the "Shares") of the Issuer's common stock, which will vest quarterly at a rate of 25% (or pro-rata thereof for such shorter period) in arrears
3. S&A owns the reported securities directly. The Reporting Person is a managing member of S&A and has shared voting and dispositive power over the Shares. Accordingly, the Reporting Person may be deemed to have an indirect beneficial ownership interest in the reported securities as a managing member of S&A. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
/s/ David P. Selig 10/21/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.