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GIC Global Industrial Company

34.46
0.84 (2.50%)
Last Updated: 20:04:35
Delayed by 15 minutes
Share Name Share Symbol Market Type
Global Industrial Company NYSE:GIC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.84 2.50% 34.46 34.50 33.395 33.77 23,379 20:04:35

Initial Statement of Beneficial Ownership (3)

10/09/2021 12:39am

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Longhito Christopher
2. Date of Event Requiring Statement (MM/DD/YYYY)
9/1/2021 

3. Issuer Name and Ticker or Trading Symbol

GLOBAL INDUSTRIAL Co [GIC]
(Last)        (First)        (Middle)

C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
SVP, Operations /
(Street)

PORT WASHINGTON, NY 11050      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 420 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)  (2)2/10/2030 Common Stock 1984.0 $23.65 D  
Employee Stock Option (right to buy)  (3)2/21/2031 Common Stock 1175.0 $44.17 D  
Employee Stock Option (right to buy)  (4)5/20/2031 Common Stock 2690.0 $33.71 D  

Explanation of Responses:
(1) Includes 291 shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance-based Restricted Stock Unit award originally granted on February 21, 2020.
(2) The Employee Stock Option (right to buy) granted on February 10, 2020 have a four year vesting schedule with 496 shares vesting on the first anniversary date of the grant date; 496 shares vesting on the second anniversary date of the grant date; 496 shares vesting on the third anniversary date of the grant date; and 496 shares vesting on the fourth anniversary date of the grant date.
(3) The Employee Stock Option (right to buy) granted on February 21, 2021 have a four year vesting schedule with 294 shares vesting on the first anniversary date of the grant date; 294 shares vesting on the second anniversary date of the grant date; 294 shares vesting on the third anniversary date of the grant date; and 293 shares vesting on the fourth anniversary date of the grant date.
(4) The Employee Stock Option (right to buy) granted on May 20, 2021 have a two year vesting schedule with 1,345 shares vesting on the first anniversary date of the grant date; and 1,345 shares vesting on the second anniversary date of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Longhito Christopher
C/O GLOBAL INDUSTRIAL COMPANY
11 HARBOR PARK DRIVE
PORT WASHINGTON, NY 11050


SVP, Operations

Signatures
/s/ Christopher Longhito9/9/2021
**Signature of Reporting PersonDate

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