Klaus Werner - 21 Feb 2023 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Role
SVP & Chief Marketing Officer
Signature
/s/ Klaus Werner by April Gruder as Attorney-in-Fact
Issuer symbol
GIC
Transactions as of
21 Feb 2023
Net transactions value
$0
Form type
4
Filing time
23 Feb 2023, 15:54:02 UTC
Previous filing
07 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Award $0 +863 +9.5% $0.000000 9,921 21 Feb 2023 Direct F1
transaction GIC Common Stock Award $0 +471 +4.7% $0.000000 10,392 21 Feb 2023 Direct F2
transaction GIC Common Stock Award $0 +702 +6.8% $0.000000 11,094 21 Feb 2023 Direct F3
transaction GIC Common Stock Award $0 +1,897 +17% $0.000000 12,991 21 Feb 2023 Direct F4

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 +4,869 $0.000000 4,869 21 Feb 2023 Common Stock 4,869 $28.99 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance Restricted Stock Unit award originallygranted on February 21, 2020.
F2 Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance Restricted Stock Unit award originallygranted on February 21, 2021.
F3 Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance Restricted Stock Unit award originallygranted on February 13, 2022.
F4 On February 21, 2023, the reporting person was granted 1,897 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.
F5 The Employee Stock Option (right to buy) granted on February 21, 2023 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.