DALE PERMINDER 4
4 · SYSTEMAX INC · Filed Jan 5, 2012
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
DALE PERMINDER
CEO of EU Tech Prod Grp
Transactions
- Award
Common Stock
2012-01-03+50,000→ 50,000 total - Award
Employee Stock Option (right to buy)
2012-01-03+50,000→ 100,000 totalExercise: $16.90Exp: 2022-01-03→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The reporting person was granted 50,000 restricted stock units pursuant to the Company's 2010 Long Term Incentive Plan, which vest in ten equal annual installments of 5,000 units commencing on January 3, 2013 and ending on January 3, 2022.
- [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 January 3, 2012.