RUSH CURT 4
4 · SYSTEMAX INC · Filed Sep 12, 2003
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
RUSH CURT
Secretary and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2003-09-10$1.95/sh+2,500$4,875→ 2,500 total - Exercise/Conversion
Option (Right to Buy)
2003-09-10−3,750→ 1,250 totalExercise: $3.05Exp: 2012-05-31→ Common Stock (1,250 underlying) - Exercise/Conversion
Common Stock
2003-09-10$3.05/sh+3,750$11,438→ 6,250 total - Exercise/Conversion
Option (Right to Buy)
2003-09-10−2,500→ 2,500 totalExercise: $1.95Exp: 2011-02-11→ Common Stock (2,500 underlying) - Sale
Common Stock
2003-09-10$8.76/sh−6,250$54,750→ 0 total
Footnotes (2)
- [F1]Options become exercisable in equal portions on the 1st, 2nd, 3rd and 4th anniversary of grant.
- [F2]25% of the options are exercisable on the grant date and 25% are exercisable 6, 12 and 18 months from the grant date respectively.