Donna Fielding - Sep 2, 2021 Form 4 Insider Report for GLOBAL INDUSTRIAL Co (GIC)

Signature
/s/ Donna Fielding
Stock symbol
GIC
Transactions as of
Sep 2, 2021
Transactions value $
-$185,966
Form type
4
Date filed
9/9/2021, 05:50 PM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIC Common Stock Other $8.45K +447 +15.61% $18.91 3.31K Sep 2, 2021 Direct F1, F2
transaction GIC Common Stock Options Exercise $73.2K +3.08K +93.14% $23.72 6.4K Sep 7, 2021 Direct
transaction GIC Common Stock Sale -$131K -3.44K -53.85% $38.04 2.95K Sep 7, 2021 Direct F3
transaction GIC Common Stock Options Exercise $108K +4.54K +153.95% $23.72 7.49K Sep 8, 2021 Direct
transaction GIC Common Stock Options Exercise $39K +1.65K +21.98% $23.65 9.14K Sep 8, 2021 Direct
transaction GIC Common Stock Sale -$283K -7.73K -84.55% $36.65 1.41K Sep 8, 2021 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) Conversion of derivative security $0 -3.08K -20.22% $0.00 12.2K Sep 7, 2021 Common Stock 3.08K $23.72 Direct F5
transaction GIC Employee Stock Option (right to buy) Conversion of derivative security $0 -4.54K -37.33% $0.00 7.63K Sep 8, 2021 Common Stock 4.54K $23.72 Direct F5
transaction GIC Employee Stock Option (right to buy) Conversion of derivative security $0 -1.65K -25% $0.00 4.94K Sep 8, 2021 Common Stock 1.65K $23.65 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Systemax Inc. Employee Stock Purchase Plan ("ESPP") on September 2, 2021. This transaction is exempt under Rule 16b-3(c).
F2 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on September 3, 2020.
F3 This transaction was executed in multiple trades at prices ranging from $38.00 to $38.31. 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.
F4 This transaction was executed in multiple trades at prices ranging from $36.14 to $37.51. 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.
F5 The Employee Stock Option (right to buy) granted on January 17, 2019 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.
F6 The Employee Stock Option (right to buy) granted on February 10, 2020 have a four year vesting schedule with 1,647 vesting on the first anniversary date of the grant date; 1,647 vesting on the second anniversary date of the grant date; 1,647 vesting on the third anniversary date of the grant date; and 1,646 vesting on the fourth anniversary date of the grant date