ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SYX Systemax Inc

35.16
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Systemax Inc NYSE:SYX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.16 0 00:00:00

Statement of Changes in Beneficial Ownership (4)

23/02/2023 9:34pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
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 *

Clark Thomas Eugene
2. Issuer Name and Ticker or Trading Symbol

GLOBAL INDUSTRIAL Co [ GIC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP & Chief Financial Officer
(Last)          (First)          (Middle)

C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/21/2023
(Street)

PORT WASHINGTON, NY 11050
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/21/2023  A  2878 (1)A$0 29155 D  
Common Stock 2/21/2023  F  1412 (2)D$28.99 27743 D  
Common Stock 2/21/2023  A  1088 (3)A$0 28831 D  
Common Stock 2/21/2023  A  613 (4)A$0 29444 D  
Common Stock 2/21/2023  A  850 (5)A$0 30294 D  
Common Stock 2/21/2023  A  11971 (6)A$0 42265 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $28.99 2/21/2023  A   5933     (7)2/21/2033 Common Stock 5933.0 $0 5933 D  

Explanation of Responses:
(1) Shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a Performance Restricted Stock Unit award originally granted on January 17, 2019.
(2) Shares surrendered for payment of tax liability incident to vesting of the Performance Restricted Stock Unit award originally granted on January 17, 2019.
(3) 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 Restricted Stock Unit award originally granted on February 21, 2020.
(4) 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 Restricted Stock Unit award originally granted on February 21, 2021.
(5) 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 Restricted Stock Unit award originally granted on February 13, 2022.
(6) On February 21, 2023, the reporting person was granted 11,971 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan with 25% of the restricted stock units vesting on the first, second, third, and fourth anniversary of the grant date.
(7) The Employee Stock Option (right to buy) granted on February 21, 2023 vest over a period of four years with 25% of the options vesting on the first, second, third, and fourth anniversary of the grant date.

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


SVP & Chief Financial Officer

Signatures
/s/ Thomas Eugene Clark by April Gruder, Attorney-in-Fact2/23/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year Systemax Chart

1 Year Systemax Chart

1 Month Systemax Chart

1 Month Systemax Chart

Your Recent History

Delayed Upgrade Clock