SEC Form 4 · accession 0001140361-17-032432
GLOBAL INDUSTRIAL Co · GIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Axmacher
Officer — VP & Controller
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 4:15 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 | Aug 14, 2017 | M | 4,125 | $14.04 | A | 5,125 | D | |
| Common Stock | Aug 14, 2017 | S | 4,125 | $24.45 | D | 1,000 | D | |
| Common Stock | Aug 14, 2017 | M | 3,400 | $18.73 | A | 4,400 | D | |
| Common Stock | Aug 14, 2017 | S | 3,400 | $24.45 | D | 1,000 | D | |
| Common Stock | Aug 14, 2017 | M | 2,789 | $12.69 | A | 3,789 | D | |
| Common Stock | Aug 14, 2017 | S | 2,789 | $24.45 | D | 1,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $14.04 | Aug 14, 2017 | M | 4,125 | D | — | Aug 10, 2019 | Common Stock | 4,125 | 8,375 | D |
| Employee Stock OptionF4 | $18.73 | Aug 14, 2017 | M | 3,400 | D | — | Mar 1, 2022 | Common Stock | 3,400 | 6,600 | D |
| Employee Stock OptionF6 | $12.69 | Aug 14, 2017 | M | 2,789 | D | — | Mar 18, 2021 | Common Stock | 2,789 | 12,211 | D |
Explanation of responses
- F1Cashless exercise of 4,125 options and immediate sale of 4,125 shares of common stock through broker of an award granted on August 10, 2009.
- F2The 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 August 10, 2009.
- F3Cashless exercise of 3,400 options and immediate sale of 3,400 shares of common stock through broker of an award granted on March 1, 2012.
- F4The 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 March 1, 2012.
- F5Cashless exercise of 2,789 options and immediate sale of 2,789 shares of common stock through broker of an award granted on March 18, 2011.
- F6The 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 March 18, 2011.