Manoj Shetty - Feb 28, 2024 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Signature
/s/ Manoj Shetty by April Gruder as Attorney-in-Fact
Stock symbol
GIC
Transactions as of
Feb 28, 2024
Transactions value $
-$53,122
Form type
4
Date filed
3/1/2024, 04:12 PM
Previous filing
Feb 23, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Award $0 +1.88K +13.12% $0.00 16.2K Feb 28, 2024 Direct F1
transaction GIC Common Stock Tax liability -$53.1K -1.21K -7.48% $43.83 15K Feb 28, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GIC Employee Stock Option (right to buy) Award $0 +4.98K $0.00 4.98K Feb 28, 2024 Common Stock 4.98K $43.83 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2024, the reporting person was granted restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan with 25% of the restricted stock units vesting on the first, second, third, and fourth anniversary of the grant date.
F2 Shares surrendered for payment of tax liability incident to delivery of the Performance Restricted Stock Unit award originally granted on February 21, 2020.
F3 The Employee Stock Option (right to buy) granted on February 28, 2024 vest over a period of four years with 25% of the options vesting on the first, second, third, and fourth anniversary of the grant date.