CHAD LINDBLOOM - 06 Jun 2022 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Role
Director
Signature
/s/ Chad Lindbloom
Issuer symbol
GIC
Transactions as of
06 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 20:47:55 UTC
Previous filing
30 Aug 2021
Next filing
07 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Award $0 +1,499 +24% $0.000000 7,799 06 Jun 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 7,799, 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 4,821 shares of common stock.