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GLOBAL INDUSTRIAL Co — Director's Dealing 2017
Aug 31, 2017
31981_dirs_2017-08-31_95ecc853-4d59-4a1e-a46c-7233cb9c094f.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: 2017-08-29
Reporting Person: AXMACHER THOMAS (VP & Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-29 | Common Stock | M | 2211 | $12.69 | Acquired | 3211 | Direct |
| 2017-08-29 | Common Stock | S | 2211 | $24.5 | Disposed | 1000 | Direct |
| 2017-08-29 | Common Stock | M | 675 | $8.31 | Acquired | 1675 | Direct |
| 2017-08-29 | Common Stock | S | 675 | $24.54 | Disposed | 1000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-29 | Employee Stock Option | $12.69 | M | 2211 | Disposed | 2021-03-18 | Common Stock (2211) | Direct |
| 2017-08-29 | Employee Stock Option | $8.31 | M | 675 | Disposed | 2022-03-01 | Common Stock (675) | Direct |
Footnotes
F1: Cashless exercise of 2,211 options and immediate sale of 2,211 shares of common stock through broker of an award granted on March 18, 2011.
F2: Cashless exercise of 675 options and immediate sale of 675 shares of common stock through broker of an award granted on February 1, 2016.
F3: 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, which is March 18, 2011.
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, which is February 1, 2016.