Initial Statement of Beneficial Ownership (3)
10 Septembre 2021 - 1:39AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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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
*
Longhito Christopher |
2. Date of Event Requiring Statement (MM/DD/YYYY)
9/1/2021
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3. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [GIC]
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(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
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Table I - Non-Derivative Securities Beneficially Owned
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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)
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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 Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount 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
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Longhito Christopher C/O GLOBAL INDUSTRIAL COMPANY 11 HARBOR PARK DRIVE PORT WASHINGTON, NY 11050 |
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| SVP, Operations |
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Signatures
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/s/ Christopher Longhito | | 9/9/2021 |
**Signature of Reporting Person | Date |
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