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: Litwin Barry (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-21	Common Stock	A	3396	—	Acquired	78311	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	8465	Acquired	2031-02-21	Common Stock (8465.0)	Direct

Footnotes

F1: On February 21, 2021, the reporting person was granted 3,396 restricted stock units pursuant to the Company's 2020 Omnibus Long-Term Incentive Plan, which vest in four installments: 849 units on February 21, 2022; 849 units on February 21, 2023; 849 units on February 21, 2024 and 849 units on February 21, 2025.

F2: The amount of non-derivative securities beneficially owned is 78,311, which includes 18,149 unvested Restricted Stock Units that were granted on January 7, 2019; 21,204 unvested Restricted Stock Units that were granted on January 7, 2020; 18,752 unvested Restricted Stock Units that were granted on January 7, 2021; 3,396 unvested Restricted Stock Units that were granted on February 21, 2021;and 16,810 shares of common stock.

F3: The Employee Stock Option (right to buy) granted on February 21, 2021 have a four year vesting schedule with 2,117 vesting on the first anniversary date of the grant date; 2,116 vesting on the second anniversary date of the grant date; 2,116 vesting on the third anniversary date of the grant date; and 2,116 vesting on the fourth anniversary date of the grant date.