SEC Form 4 · accession 0001140361-15-018178
GLOBAL INDUSTRIAL Co · GIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Lerner
Officer — Senior VP & General Counsel
Period of report
May 2, 2015
Accepted (ET)
May 7, 2015 · 3:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945114
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $10.62 | May 2, 2015 | A | 25,000 | A | — | May 2, 2025 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The 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 May 2, 2015