SEC Form 4 · accession 0001179110-18-010471
Climb Global Solutions, Inc. · CLMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Richart Geygan Geygan
Director
Period of report
Aug 7, 2018
Accepted (ET)
Aug 9, 2018 · 8:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945983
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 7, 2018 | A | 2,500 | $0.00 | A | 13,610 | D | |
| Common Stock | Aug 7, 2018 | J | 4,680 | $0.00 | D | 8,930 | D | |
| Common StockF4,F3 | Aug 7, 2018 | J | 2,680 | $0.00 | D | 126,408 | I | Held by GVIC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 7, 2018 the Company granted 2,500 shares of common stock under the 2012 Stock-Based Compensation Plan. These shares are vested as of August 8, 2018.
- F2On August 7, 2018 the Company canceled all outstanding unvested shares of common stock in consideration of the grant of 2,500 shares as described above.
- F3The securities are held in account(s) managed indirectly by Global Value Investment Corporation ("GVIC") which is controlled the reporting person. The reporting person does not have any direct or indirect pecuniary interest in the managed account(s) because the reporting person (i) does not receive any incentive compensation from the managed account(s) and (ii) does not have a direct or indirect interest in the managed account(s).
- F4As of August 7, 2018, certain separately managed accounts terminated their relationship with, and are no longer advised by, [GVIC]. The positions held in such accounts are therefore no longer included herein.