Filing Details
- Accession Number:
- 0001216763-19-000025
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-19 16:32:35
- Reporting Period:
- 2019-12-17
- Accepted Time:
- 2019-12-19 16:32:35
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 945114 | Systemax Inc | SYX | Wholesale-Industrial Machinery & Equipment (5084) | 113262067 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1216763 | P Lawrence Reinhold | C/O Systemax Inc. 11 Harbor Park Drive Port Washington NY 11050 | Yes | No | 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 | 2019-12-17 | 25,000 | $6.01 | 186,032 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-12-17 | 25,000 | $25.00 | 161,032 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-12-17 | 27,091 | $6.65 | 188,123 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-12-17 | 27,091 | $25.00 | 161,032 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-12-17 | 6,378 | $6.65 | 167,410 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-12-17 | 6,378 | $25.00 | 161,032 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | 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 (right to buy) | Disposition | 2019-12-17 | 25,000 | $0.00 | 25,000 | $6.01 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-12-17 | 27,091 | $0.00 | 27,091 | $6.65 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-12-18 | 6,378 | $0.00 | 6,378 | $6.65 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2026-02-01 | No | 4 | M | Direct | |
| 31,378 | 2026-12-14 | No | 4 | M | Direct | |
| 25,000 | 2026-12-14 | No | 4 | M | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 25,000 options and immediate sale of 25,000 shares of common stock through a broker of an award granted on granted on February 1, 2016.
- The amount of non-derivative securities beneficially owned following the reported transactions are 161,032, which includes: the January 7, 2019 grant of 849 Restricted Stock Units, the June 3, 2019 grant of 1,839 Restricted Stock Units and 158,344 shares of common stock.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 27,091 options and immediate sale of 27,091 shares of common stock through a broker of an award granted on granted on December 14, 2016.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 6,378 options and immediate sale of 6,378 shares of common stock through a broker of an award granted on granted on December 14, 2016.
- The options granted on February 1, 2016 have a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
- The options granted on December 14, 2016 have a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
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