Sprosty David 4
4 · SYSTEMAX INC · Filed Oct 5, 2011
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
Sprosty David
Chief Executive NA Tech Group
Transactions
- Award
Employee Stock Option (right to buy)
2011-10-03+100,000→ 100,000 totalExercise: $11.64Exp: 2021-10-03→ Common Stock (100,000 underlying) - Award
Common Stock
2011-10-03+100,000→ 100,000 total
Footnotes (2)
- [F1]The reporting person was granted 100,000 restricted shares pursuant to the Company's 2010 Long Term Incentive Plan, which vest in ten equal annual installments of 10,000 units commencing on October 3, 2012 and ending on October 3, 2021.
- [F2]The option vests over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is October 3, 2011.