Paul S. Pearlman - Jun 6, 2022 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Role
Director
Signature
/s/ Paul S. Pearlman
Stock symbol
GIC
Transactions as of
Jun 6, 2022
Transactions value $
$0
Form type
4
Date filed
6/8/2022, 05:24 PM
Previous filing
Jun 9, 2021
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Award $0 +1.5K +22.28% $0.00 8.23K Jun 6, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 6, 2022 (the date of the Issuer's 2022 Annual Meeting of Stockholders), the reporting person was granted 1,499 restricted stock units pursuant to the Systemax Inc. 2020 Omnibus Long-Term Incentive Plan. Such units vest on June 6, 2024 (the "Vesting Date"); provided that the reporting person continues to be a director of the Issuer through and on the Vesting Date.
F2 The number of restricted stock units was determined by dividing $50,000 by the closing price per share during the 20 trading days preceding the date of the Issuer's 2022 Annual Meeting of Stockholders (rounded up to the nearest whole number of shares).
F3 The amount of non-derivative securities beneficially owned following the reported transaction on this Form 4 is 8,227, which includes 1,479 unvested Restricted Stock Units that were granted on June 7, 2021, 1,499 unvested Restricted Stock Units that were granted on June 6, 2022, and 5,249 shares of common stock.