REINHOLD LAWRENCE P 4

Accession 0001216763-19-000025

CIK 0000945114other

Filed

Dec 18, 7:00 PM ET

Accepted

Dec 19, 4:32 PM ET

Size

19.5 KB

Accession

0001216763-19-000025

Form 4

Period: 2019-12-17

DirectorExecutive VP and CFO

Transactions

Exercise/Conversion
Employee Stock Option (right to buy)
2019-12-18−6,378→ 25,000 total
Exercise: $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 total
Exercise: $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 total
Exercise: $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.

Documents

1 file

SYSTEMAX INC

CIK 0000945114

Entity typeother