Thomas Eugene Clark - 28 Feb 2024 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Signature
/s/ Thomas Eugene Clark by April Gruder as Attorney-in-Fact
Issuer symbol
GIC
Transactions as of
28 Feb 2024
Net transactions value
-$70,259
Form type
4
Filing time
01 Mar 2024, 16:03:45 UTC
Previous filing
23 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Award $0 +3,166 +7.6% $0.000000 44,689 28 Feb 2024 Direct F1
transaction GIC Common Stock Tax liability $70,259 -1,603 -3.6% $43.83 43,086 28 Feb 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 +8,396 $0.000000 8,396 28 Feb 2024 Common Stock 8,396 $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.