Filing Details
- Accession Number:
- 0001713754-20-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-14 16:12:03
- Reporting Period:
- 2020-06-05
- Accepted Time:
- 2020-12-14 16:12:03
- 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 |
---|---|---|---|---|---|---|---|
1713754 | Barry Litwin | C/O Systemax Inc. 11 Harbor Park Drive Port Washington NY 11050 | Chief Executive Officer | Yes | 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 | Disposition | 2020-06-05 | 617 | $21.33 | 58,929 | No | 5 | F | Direct | |
Common Stock | Acquisiton | 2020-12-10 | 20,000 | $23.14 | 78,929 | No | 4 | M | Direct | |
Common Stock | Disposition | 2020-12-10 | 20,000 | $35.78 | 58,929 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | F | 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 | 2020-12-10 | 20,000 | $0.00 | 20,000 | $23.14 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
80,000 | 2027-01-07 | No | 4 | M | Direct |
Footnotes
- Shares surrendered for payment of tax liability incident to vesting of prior restricted stock award.
- The amount of non-derivative securities beneficially owned following all reported transactions on this Form 4 is 58,929, which includes 24,200 unvested Restricted Stock Units that were granted on January 7, 2019; 28,272 unvested Restricted Stock Units that were granted on January 7, 2020; and 5,740 shares of common stock.
- This transaction was executed in multiple trades at prices ranging from $35.67 to $36.09. 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.
- On January 7, 2019, the reporting person was granted 100,000 stock options pursuant to the Company's 2010 Long Term Incentive Plan, which vest as follows: 20% of the stock options will vest on the first anniversary of the grant date, 20% will vest on the 2nd anniversary and 10% will vest on each subsequent anniversary of the grant date.