SEC Form 4 · accession 0001140361-16-086363
GLOBAL INDUSTRIAL Co · GIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Eugene Clark
Officer — Vice President & CFO
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 3:19 pm EST
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 | $8.32 | Nov 10, 2016 | A | 50,000 | A | — | Nov 10, 2026 | Common Stock | 50,000 | 50,000 | 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.