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

Signature
/s/ Richard Leeds
Issuer symbol
GIC
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
14 Feb 2023, 16:48:22 UTC
Previous filing
16 Dec 2021
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Gift $0 -534,552 -25% $0.000000 1,623,675 26 Feb 2022 Direct F1
transaction GIC Common Stock Gift $0 +574,378 +23% $0.000000 3,049,483 26 Feb 2022 By Trust, as noted in Footnote No. 3 F2, F3
transaction GIC Common Stock Gift $0 +537,297 +16% $0.000000 3,802,736 26 Feb 2022 By Trust, as noted in Footnote No.5 F4, F5
transaction GIC Common Stock Gift $0 -786,907 -33% $0.000000 1,623,675 14 Oct 2022 Direct F1
transaction GIC Common Stock Gift $0 +455,773 +14% $0.000000 3,802,736 14 Oct 2022 By Trust, as noted in Footnote No.5 F2, F5
holding GIC Common Stock 5,986,635 31 Dec 2022 By Trust, as noted in Footnote Nos. 6 and 7 F6, F7
holding GIC Common Stock 994,233 31 Dec 2022 By Partnerships F8
holding GIC Common Stock 1,414 31 Dec 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 Richard Leeds 2008 Family Trust.
F2 These shares were gifted, for no consideration, from Mr. Bruce Leeds to the Bruce Leeds 2008 Family Trust.
F3 Shares are owned by the Bruce 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 ownership of such shares except to the extent of his pecuniary interest therein.
F6 Includes, an aggregate of 5,986,635 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 7]: 620,000 shares owned by the Alex Leeds 2021 Trust; 620,000 shares owned by the Andrew Leeds 2021 Trust; 620,000 shares owned by the Brandon Leeds 2021 Trust; 620,000 shares owned by the Hallie Leeds 2021 Trust; 620,000 shares owned by the Jessica Rosen 2021 Trust; 620,000 shares owned by the Jordan Leeds 2021 Trust; 620,000 shares owned by the Kasey Leeds 2021 Trust; 620,000 shares owned by the Matthew Leeds 2021 Trust; 440,557 shares owned by the Bruce Leeds Irrevocable Trust; 440,557 shares owned by the Robert Leeds Irrevocable Trust; 23,554 shares owned by the Trust UWO Michael Leeds FBO Bruce Leeds; 23,552 owned by the Trust UWO Michael Leeds FBO Robert Leeds; 20,057 shares owned by the Bruce Leeds 2011 Family Trust;
F7 [continuation of Footnote 6] 18,358 shares owned by the Robert Leeds 2011 Family Trust; 12,500 shares owned by the Brandon Leeds 2010 Grantor Trust UA DTD 8/24/2010; 12,500 shares owned by the Hallie Leeds 2020 Trust UA DTD 12/22/2020; 12,500 shares owned by the Jordan Leeds 2016 Trust UA DTD 1/22/2016; 12,500 shares owned by the Kasey Leeds 2012 Trust UA DTD 11/19/2012; 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 Gst Tr 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; 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; and 235,850 shares owned by GML Partners LP, of which a limited liability company controlled by the reporting person is a general partner. 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.