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GLOBAL INDUSTRIAL Co Director's Dealing 2011

Jun 23, 2011

31981_dirs_2011-06-23_3a8ec9b0-a044-4094-a382-71a4bbe32cd1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYSTEMAX INC (SYX)
CIK: 0000945114
Period of Report: 2011-06-10

Reporting Person: ROSENTHAL ROBERT (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-10 Common Stock A 2855 Acquired 48217 Direct

Footnotes

F1: On June 10, 2011, the reporting person received 2,855 shares of restricted stock pursuant to the Company's 2006 Stock Incentive Plan For Non-Employee Directors. Pursuant to the plan, such number of restricted shares was determined by dividing $40,000 by the closing price per share during the 20 trading days preceding the date of such meeting (rounded up to the nearest whole number of shares). Such shares are generally subject to forfeiture if the holder is not a director of the company on the second anniversary of grant, and can not be sold while so restricted; such restrictions lapse if the holder dies or becomes disabled or there is a change of control, as defined in the plan.