Manoj Shetty - Jun 17, 2021 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Role: SVP & Chief Info Officer
Signature: /s/ Manoj Shetty
Stock symbol: GIC
Transactions as of: Jun 17, 2021
Transactions value $: -$272,900
Form type: 4
Date filed: 6/21/2021, 08:54 PM
Next filing: Sep 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GIC	Common Stock	Options Exercise	$60.1K	+10K	+266.31%	$6.01^*	13.8K	Jun 17, 2021	Direct
transaction	GIC	Common Stock	Sale	-$333K	-10K	-72.7%	$33.30	3.76K	Jun 17, 2021	Direct	F1

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)	Options Exercise	$0	-10K	-100%	$0.00^*	0	Jun 17, 2021	Common Stock	10K	$6.01	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $33.10 to $33.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2	The Employee Stock Option (right to buy) granted on February 1, 2016 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.