Bruce Leeds - Dec 31, 2022 Form 5 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Signature
/s/ Bruce Leeds
Stock symbol
GIC
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/14/2023, 04:53 PM
Previous filing
Dec 16, 2021
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Gift $0 -574K -100% $0.00* 0 Feb 26, 2022 Direct F1
transaction GIC Common Stock Gift $0 +535K +20.38% $0.00 3.16M Feb 26, 2022 By Trust, as noted in Footnote No. 5 F2, F3
transaction GIC Common Stock Gift $0 +537K +16.45% $0.00 3.8M Feb 26, 2022 By Trust Noted in Footnote No. 1 F4, F5
transaction GIC Common Stock Gift $0 +853K +51.7% $0.00 2.5M Oct 14, 2022 Bruce Leeds Declaration Trust
holding GIC Common Stock 2.99M Dec 31, 2022 By Trust, as noted in Footnote Nos. 6 and 7 F6, F7
holding GIC Common Stock 758K Dec 31, 2022 By partnerships F8
holding GIC Common Stock 1.41K Dec 31, 2022 By LLC F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were gifted, for no consideration, from the reporting person to the Bruce Leeds 2008 Family Trust.
F2 These shares were gifted, for no consideration, from Mr. Richard Leeds to the Richard Leeds 2008 Family Trust.
F3 Shares are owned by the Richard Leeds 2008 Family Trust, for the benefit of the reporting person's family, for which the reporting person acts as co-trustee. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 These shares were gifted, for no consideration, from Mr. Robert Leeds to the Robert Leeds 2008 Family Trust.
F5 Shares are owned by the Robert Leeds 2008 Family Trust, for the benefit of the reporting person's family, for which the reporting person acts as co-trustee. The reporting person disclaims beneficial ownershipof such shares except to the extent of his pecuniary interest therein.
F6 Includes, an aggregate of 2,989,938 shares owned by trusts for the benefit of reporting person's family for which the reporting person acts as trustee or co-trustee [as described in this Footnote and in Footnote No. 7]: 620,000 shares owned by the Jamie Lynn Meltsner 2021 Trust; 620,000 shares owned by the Stacey Leeds Cohen 2021 Trust; 620,000 shares owned by the Steven Leeds 2021 Trust; 440,557 shares owned by the Robert Leeds Irrevocable Trust; 439,047 shares owned by the Richard Leeds Irrevocable Trust; 171,976 shares owned by the Richard Leeds 2011 Family Trust; 18,358 shares owned by the Robert Leeds 2011 Family Trust;
F7 [continuation of Footnote 6] 16,667 shares owned by the Jamie Leeds Trust UA Dtd 5/2/2008; 16,667 shares owned by the Stacey Leeds Trust UA Dtd 7/8/2008; 16,666 shares owned by the Steven Leeds Trust UA Dtd 5/2/2008; 5,840 shares owned by the Paul Leeds Marital Tru/A DTD 10/24/2006 FBO Roberta Leeds; 2,080 shares owned by the Paul Leeds GSTTr U/A Dtd 10/24/2006 FBO Nancy Leeds; and 2,080 shares owned by the Paul Leeds GST Tr U/A Dtd 10/24/2006 FBO David Leeds. The reporting person disclaims beneficial ownership of all such shares described in this Footnote and Footnote No. 6 except to the extent of his pecuniary interest therein.
F8 Includes, 519,800 shares owned by Aspire Partners L.P., the general partner of which is limited liability company equally owned by the reporting person and two other members; and 238,583 shares owned by Generation Partners, L.P., the general partner of which is limited liability company equally owned by the reporting person and two other members. The reporting person disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.
F9 Shares owned by 2nd Generation Partners LLC, a limited liability company equally owned by the reporting person and two other members. The reporting person disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.