SEC Form 4 · accession 0000703604-18-000025
Distribution Solutions Group, Inc. · DSGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G DeCata
Officer — President and CEO · Director
Period of report
Apr 11, 2018
Accepted (ET)
Apr 13, 2018 · 10:26 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000703604
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Awards | $0.00 | Apr 11, 2018 | J | 2,000 | D | Dec 31, 2019 | Dec 31, 2019 | Common Stock | 2,000 | 0 | D |
| Restricted Stock AwardsF2 | $0.00 | Apr 11, 2018 | A | 2,000 | A | Dec 31, 2019 | Dec 31, 2019 | Common Stock | 2,000 | 2,000 | D |
| Market Stock Units | $0.00 | Apr 11, 2018 | J | 86,901 | D | Dec 31, 2019 | Dec 31, 2019 | Common Stock | 86,901 | 0 | D |
| Market Stock UnitsF4 | $0.00 | Apr 11, 2018 | A | 86,901 | A | Dec 31, 2019 | Dec 31, 2019 | Common Stock | 86,901 | 86,901 | D |
| Restricted Stock Awards | $0.00 | Apr 11, 2018 | J | 29,083 | D | Aug 14, 2020 | Aug 14, 2020 | Common Stock | 29,083 | 0 | D |
| Restricted Stock AwardsF5 | $0.00 | Apr 11, 2018 | A | 29,083 | A | Aug 14, 2020 | Aug 14, 2020 | Common Stock | 29,083 | 29,083 | D |
Explanation of responses
- F1These previously-granted awards have been canceled in accordance with the (i) Amendment No. 1 to Award Agreement by the between the Issuer and the Reporting Person dated as of August 14, 2017 and entered into on April 11, 2018 and (ii) Amended and Restated Restricted Stock Award Agreement entered into on April 11, 2018 between the Issuer and the Reporting Person.
- F2The restricted stock reported will vest on December 31, 2019 if the Reporting Person is still employed by the Issuer. The Reporting Person is required to hold 100% of the restricted stock that vests, net of taxes, until December 31, 2021.
- F3These awards were granted to the Reporting Person in accordance with the (i) Amended and Restated Restricted Stock Award Agreement entered into on April 11, 2018 between the Issuer and the Reporting Person; and (ii) Award Agreement entered into on April 11, 2018 between the Issuer and the Reporting Person.
- F4Represents the right to receive an amount of shares of common stock, up to the amount set forth in the table, based upon the performance of the Issuer's common stock from the grant date to December 31, 2019.
- F5Represents the right to receive shares of common stock on the exercise date in an amount equal to the number of restricted stock awards.