Filing Details
- Accession Number:
- 0001243716-21-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-03 16:18:13
- Reporting Period:
- 2021-03-01
- Accepted Time:
- 2021-03-03 16:18:13
- 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 |
---|---|---|---|---|---|---|---|
1243716 | Robert Dooley | C/O Systemax Inc. 11 Harbor Park Drive Port Washington NY 11050 | President, Industrial Prod Grp | 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 | 2021-03-01 | 993 | $6.01 | 93,329 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-03-01 | 993 | $37.59 | 92,336 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2021-03-01 | 10,000 | $16.43 | 102,336 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-03-01 | 10,000 | $37.69 | 92,336 | No | 4 | S | Direct | |
Common Stock | Disposition | 2021-03-01 | 1,699 | $37.46 | 90,637 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2021-03-03 | 561 | $18.91 | 91,198 | No | 5 | J | 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 | F | Direct | |
No | 5 | J | 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 | 2021-03-01 | 993 | $0.00 | 993 | $6.01 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2021-03-01 | 10,000 | $0.00 | 10,000 | $16.43 |
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 | |
10,348 | 2022-03-01 | No | 4 | M | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $37.59 to $37.80. 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.
- Shares surrendered for payment of tax liability incident to vesting of the 2012 Restrictive Award.
- 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 March 3, 2021. This transaction is exempt under Rule 16b-3(c).
- 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.
- The amount of non-derivative securities beneficially owned following the reported transactions is 91,198, which includes 5,000 unvested Restricted Stock Units that were granted on March 1, 2012 and 86,198 shares of common stock.
- 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.
- The Employee Stock Option (right to buy) granted on March 1, 2012 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.