Filing Details

Accession Number:
0001140170-18-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-07 17:44:59
Reporting Period:
2018-08-03
Accepted Time:
2018-08-07 17:44:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
945114 Systemax Inc SYX Retail-Catalog & Mail-Order Houses (5961) 113262067
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1140170 Thomas Axmacher C/O Systemax Inc.
11 Harbor Park Drive
Port Washington NY 11050
Vp & Controller No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-08-03 2,500 $8.31 0 No 4 M Direct
Common Stock Acquisiton 2018-08-03 6,600 $18.73 0 No 4 M Direct
Common Stock Acquisiton 2018-08-03 6,325 $12.69 0 No 4 M Direct
Common Stock Acquisiton 2018-08-03 8,375 $14.04 0 No 4 M Direct
Common Stock Disposition 2018-08-03 16,140 $38.96 0 No 4 F Direct
Common Stock Disposition 2018-08-03 7,660 $38.96 0 No 4 D Direct
Common Stock Disposition 2018-08-03 5,004 $39.07 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 D Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option Disposition 2018-08-03 2,500 $0.00 2,500 $8.31
Common Stock Employee Stock Option Disposition 2018-08-03 6,600 $0.00 6,600 $18.73
Common Stock Employee Stock Option Disposition 2018-08-03 6,325 $0.00 6,325 $12.69
Common Stock Employee Stock Option Disposition 2018-08-03 8,375 $0.00 8,375 $14.04
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,000 2026-02-01 No 4 M Direct
0 2022-03-01 No 4 M Direct
0 2021-03-18 No 4 M Direct
0 2019-08-10 No 4 M Direct
Footnotes
  1. Pursuant to the previously disclosed share repurchase program, the Issuer has entered into, with the approval of the Board of Directors, a privately negotiated, arm's length agreement with the filing person to repurchase an aggregate of 23,800 shares (by means of a net cashless exercise of options and net of applicable taxes) at a price equal to $38.96 per share, reflecting a 4% discount to the closing price of the Issuer's common stock on August 2, 2018. 16,140 of such shares were surrendered to the Issuer to satisfy the exercise price of each of the stock options and to satisfy withholding tax obligations and 7,660 of such shares were purchased by the Issuer pursuant to Rule 16b-3(e).
  2. The options vest over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is February 1, 2016.
  3. The options vest over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is March 1, 2012.
  4. The options vest over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is March 18, 2011.
  5. The options vest over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is August 10, 2009.