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GLOBAL INDUSTRIAL Co — Director's Dealing 2018
Jun 6, 2018
31981_dirs_2018-06-06_e5c00501-7c26-4565-8277-d9e6948277ca.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: 2018-06-04
Reporting Person: Litwin Barry (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-04 | Common Stock | A | 1259 | — | Acquired | 3367 | Direct |
Footnotes
F1: On June 4, 2018 (the date of the Company's 2018 annual meeting of stockholders), the reporting person received 1,259 shares of restricted stock units pursuant to the Company's 2010 Long Term Incentive Plan. The number of restricted stock units 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 grant agreement.