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
  1. 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.
  2. Shares surrendered for payment of tax liability incident to vesting of the 2012 Restrictive Award.
  3. 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).
  4. 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.
  5. 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.
  6. 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.
  7. 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.