REINHOLD LAWRENCE P 4
4 · SYSTEMAX INC · Filed Dec 19, 2019
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
REINHOLD LAWRENCE P
DirectorExecutive VP and CFO
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2019-12-18−6,378→ 25,000 totalExercise: $6.65Exp: 2026-12-14→ Common Stock (6,378 underlying) - Exercise/Conversion
Common Stock
2019-12-17$6.65/sh+27,091$180,155→ 188,123 total - Sale
Common Stock
2019-12-17$25.00/sh−6,378$159,450→ 161,032 total - Exercise/Conversion
Common Stock
2019-12-17$6.01/sh+25,000$150,250→ 186,032 total - Exercise/Conversion
Common Stock
2019-12-17$6.65/sh+6,378$42,414→ 167,410 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-12-17−25,000→ 0 totalExercise: $6.01Exp: 2026-02-01→ Common Stock (25,000 underlying) - Sale
Common Stock
2019-12-17$25.00/sh−25,000$625,000→ 161,032 total - Sale
Common Stock
2019-12-17$25.00/sh−27,091$677,275→ 161,032 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-12-17−27,091→ 31,378 totalExercise: $6.65Exp: 2026-12-14→ Common Stock (27,091 underlying)
Footnotes (6)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 25,000 options and immediate sale of 25,000 shares of common stock through a broker of an award granted on granted on February 1, 2016.
- [F2]The amount of non-derivative securities beneficially owned following the reported transactions are 161,032, which includes: the January 7, 2019 grant of 849 Restricted Stock Units, the June 3, 2019 grant of 1,839 Restricted Stock Units and 158,344 shares of common stock.
- [F3]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 27,091 options and immediate sale of 27,091 shares of common stock through a broker of an award granted on granted on December 14, 2016.
- [F4]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 6,378 options and immediate sale of 6,378 shares of common stock through a broker of an award granted on granted on December 14, 2016.
- [F5]The options granted on February 1, 2016 have a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
- [F6]The options granted on December 14, 2016 have a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.