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GLOBAL INDUSTRIAL Co — Director's Dealing 2016
Apr 7, 2016
31981_dirs_2016-04-07_59697151-9a50-46f1-93ec-3ec13d7ee1ce.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: SYSTEMAX INC (SYX)
CIK: 0000945114
Period of Report: 2016-02-01
Reporting Person: REINHOLD LAWRENCE P (Director, President, CEO & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-01 | Common Stock | A | 50000 | — | Acquired | 299083 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-01 | Employee Stock Option (right to buy) | $8.31 | A | 50000 | Acquired | 2026-02-01 | Common Stock (50000) | 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 three installments: 16,667 shares on February 1, 2017; 16,667 shares on February 1, 2018 and 16,666 shares February 1, 2019.
F2: The amount owned as of this date, includes the February 1, 2016 grant of 50,000 Restricted Stock Units (50,000 remain unvested), the November 14, 2011 grant of 100,000 Restricted Stock Units (60,000 remain unvested), the August 25, 2010 grant of 175,000 Restricted Stock Units (87,500 remain unvested) and 101,583 shares of common stock.
F3: This Form 4 is being amended solely to correct the exercise price of the options noted in Table II.
F4: The options vest 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.