LINDBLOOM CHAD 4
4 · SYSTEMAX INC · Filed Dec 7, 2017
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
LINDBLOOM CHAD
Director
Transactions
- Award
Common Stock
2017-12-05+680→ 680 total
Footnotes (1)
- [F1]On December 5, 2017 (the date the reporting person was appointed as a director of Systemax Inc.), the reporting person received 680 shares of restricted stock units pursuant to the Company's 2010 Long Term Incentive Plan. The number of restricted stock units was determined by dividing $20,000 by the average closing price per share during the 20 trading days preceding the date of such appointment (rounded up to the nearest whole number of shares). Such shares are generally subject to forfeiture if the holder is not a director of the Company on June 5, 2019, and can not be sold while so restricted; such restrictions lapse if the holder dies or becomes disabled or there is a change of control, as defined in the grant agreement.