4//SEC Filing
ROSENTHAL ROBERT 4
Accession 0001243729-19-000002
CIK 0000945114other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:49 PM ET
Size
8.1 KB
Accession
0001243729-19-000002
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
ROSENTHAL ROBERT
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2019-01-17−10,000→ 0 totalExercise: $7.85Exp: 2026-10-31→ Common Stock (10,000 underlying) - Award
Stock Option (right to buy)
2019-01-17+10,000→ 10,000 totalExercise: $5.55Exp: 2026-10-31→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") that became effective on January 17, 2019 and are being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934. Pursuant to the Option Repricing, the exercise price of the Stock Option (right to buy) has been amended to reduce such exercise price by $2.30. There have been no other changes to the terms of the Stock Option (right to buy). The Option Repricing was related to a special dividend declared in December 2018.
- [F2]The Stock Option (right to buy) granted on October 31, 2016 vested in three installments: 3,334 shares on October 31, 2017; 3,333 shares on October 31, 2018 and 3,333 shares October 31, 2019.
Documents
Issuer
SYSTEMAX INC
CIK 0000945114
Entity typeother
Related Parties
1- filerCIK 0001243729
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:49 PM ET
- Size
- 8.1 KB