GLOBAL INDUSTRIAL Co — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYSTEMAX INC (SYX)
CIK: 0000945114
Period of Report: 2021-02-21

Reporting Person: AXMACHER THOMAS (VP & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-21	Common Stock	A	1426	—	Acquired	2063	Direct
2021-02-21	Common Stock	F	560	$44.17	Disposed	1503	Direct
2021-02-21	Common Stock	A	429	—	Acquired	1932	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-21	Employee Stock Option (right to buy)	$44.17	A	1515	Acquired	2031-02-21	Common Stock (1515.0)	Direct

Footnotes

F1: Shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a Performance-based Restricted Stock Unit award originally granted on January 17, 2019 (the "2019 Restrictive Award").

F2: Shares surrendered for payment of tax liability incident to vesting of the 2019 Restrictive Award.

F3: Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance-based Restricted Stock Unit award originally granted on February 21, 2020.

F4: The Employee Stock Option (right to buy) granted on February 21, 2021 have a four year vesting schedule with 379 vesting on the first anniversary date of the grant date; 379 vesting on the second anniversary date of the grant date; 379 vesting on the third anniversary date of the grant date; and 378 vesting on the fourth anniversary date of the grant date.