SEC Form 4 · accession 0001140361-17-029952

GLOBAL INDUSTRIAL Co · GIC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Director

Period of report

Jul 31, 2017

Accepted (ET)

Aug 2, 2017 · 8:21 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000945114

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jul 31, 2017	A	2,108	$0.00	A	2,108	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F1,F2	$18.12	Jul 31, 2017	A	5,000	A	Jul 31, 2017	—	Common Stock	5,000	5,000	D

F1On July 31, 2017 2017 (the date the reporting person was appointed as a director of Systemax Inc.), the reporting person received 2,108 shares of restricted stock units pursuant to the Company's 2010 Long Term Incentive Plan The number of restricted stock units was determined by dividing $40,000 by the closing price per share during the 20 trading days preceding the date of such appointment (rounded up to the nearest whole number of shares). Such shares are generally subject to forfeiture if the holder is not a director of the Company on June 5, 2019, and can not be sold while so restricted; such restrictions lapse if the holder dies or becomes disabled or there is a change of control, as defined in the grant agreement.
F2The reporting person was granted 5,000 stock options pursuant to the Company's 2010 Long Term Incentive Plan, which shall expire on the earlier of (a) one year folloiwng the end of the reporting person's term as a director and (b) ten years.