Richard Leeds - 26 Nov 2024 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Footnote F1

The shares are owned by the Paul Leeds Marital Tru/A DTD 10/24/2006 FBO Roberta Leeds, for which the reporting person acts as co-trustee. The reporting person disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.

Footnote F2

Includes, an aggregate of 12,833,014 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 Footnote No.s 2 and 3: 3,802,736 owned by the Robert Leeds 2008 Family Trust; 3,049,483 shares owned by the Bruce Leeds 2008 Family Trust, 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;

Footnote F3

[continuation of Footnote No. 2] 20,057 shares owned by the Bruce Leeds 2011 Family Trust; 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; 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 as described in Footnote Nos. 2 and 3 except to the extent of his pecuniary interest therein.

Footnote F4

These shares are owned by a grantor retained annuity trust, of which the reporting person is the settlor and trustee.

Footnote F5

Includes, 139,800 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 a 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 described in this footnote except to the extent of his pecuniary interest therein.

Footnote F6

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.