Statement of Changes in Beneficial Ownership (4)
09 Septembre 2021 - 11:51PM
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
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Fielding Donna |
2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co
[
GIC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Human Resources Officer |
(Last)
(First)
(Middle)
C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/2/2021 |
(Street)
PORT WASHINGTON, NY 11050
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 9/2/2021 | | J(1) | | 447 | A | $18.9125 (2) | 3311 | D | |
Common Stock | 9/7/2021 | | M | | 3084 | A | $23.72 | 6395 | D | |
Common Stock | 9/7/2021 | | S | | 3444 | D | $38.039 (3) | 2951 | D | |
Common Stock | 9/8/2021 | | M | | 4543 | A | $23.72 | 7494 | D | |
Common Stock | 9/8/2021 | | M | | 1647 | A | $23.65 | 9141 | D | |
Common Stock | 9/8/2021 | | S | | 7729 | D | $36.6512 (4) | 1412 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 7. 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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (right to buy) | $23.72 | 9/7/2021 | | C | | | 3084 | (5) | 1/17/2029 | Common Stock | 3084.0 | $0 | 12169 | D | |
Employee Stock Option (right to buy) | $23.72 | 9/8/2021 | | C | | | 4543 | (5) | 1/17/2029 | Common Stock | 4543.0 | $0 | 7626 | D | |
Employee Stock Option (right to buy) | $23.65 | 9/8/2021 | | C | | | 1647 | (6) | 2/10/2030 | Common Stock | 1647.0 | $0 | 4940 | D | |
Explanation of Responses: |
(1) | The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Systemax Inc. Employee Stock Purchase Plan ("ESPP") on September 2, 2021. This transaction is exempt under Rule 16b-3(c). |
(2) | In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on September 3, 2020. |
(3) | This transaction was executed in multiple trades at prices ranging from $38.00 to $38.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(4) | This transaction was executed in multiple trades at prices ranging from $36.14 to $37.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(5) | The Employee Stock Option (right to buy) granted on January 17, 2019 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date. |
(6) | The Employee Stock Option (right to buy) granted on February 10, 2020 have a four year vesting schedule with 1,647 vesting on the first anniversary date of the grant date; 1,647 vesting on the second anniversary date of the grant date; 1,647 vesting on the third anniversary date of the grant date; and 1,646 vesting on the fourth anniversary date of the grant date |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Fielding Donna C/O GLOBAL INDUSTRIAL COMPANY 11 HARBOR PARK DRIVE PORT WASHINGTON, NY 11050 |
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| Chief Human Resources Officer |
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Signatures
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/s/ Donna Fielding | | 9/9/2021 |
**Signature of Reporting Person | Date |
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