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GLOBAL INDUSTRIAL Co — Director's Dealing 2012
Jan 5, 2012
31981_dirs_2012-01-05_30878cfe-7033-44e2-9cd9-7655c1e28cdc.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: 2012-01-03
Reporting Person: DALE PERMINDER (Chief Exec of Eu Tech Prod Grp)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-03 | Common Stock | A | 50000 | — | Acquired | 50000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-03 | Employee Stock Option (right to buy) | $16.90 | A | 50000 | Acquired | 2022-01-03 | Common Stock (100000) | Direct |
Footnotes
F1: The reporting person was granted 50,000 restricted stock units pursuant to the Company's 2010 Long Term Incentive Plan, which vest in ten equal annual installments of 5,000 units commencing on January 3, 2013 and ending on January 3, 2022.
F2: The option vests over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is January 3, 2012.
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