Thomas Axmacher - Feb 22, 2022 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Signature
/s/ Thomas Axmacher by April Gruder, Attorney-in-Fact
Stock symbol
GIC
Transactions as of
Feb 22, 2022
Transactions value $
-$1,585
Form type
4
Date filed
3/4/2022, 05:10 PM
Previous filing
Feb 15, 2022
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Tax liability -$6.97K -214 -11.43% $32.59 1.66K Feb 22, 2022 Direct F1
transaction GIC Common Stock Other $5.39K +194 +11.69% $27.78 1.85K Mar 2, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered for payment of tax liability incident to vesting of prior restricted stock award.
F2 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Global Industrial Company (f/k/a Systemax Inc.) Employee Stock Purchase Plan ("ESPP") on March 2, 2022. This transaction is exempt under Rule 16b-3(c).
F3 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on March 2, 2022.