Chaturbedi Ritesh 4
4 · SYSTEMAX INC · Filed Feb 12, 2020
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
Chaturbedi Ritesh
SVP & Chief Operations Officer
Transactions
- Award
Common Stock
2020-02-10+1,882→ 1,882 total - Tax Payment
Common Stock
2020-02-10$23.65/sh−739$17,477→ 1,143 total - Award
Employee Stock Option (right to buy)
2020-02-10+22,303→ 22,303 totalExercise: $23.65Exp: 2030-02-10→ Common Stock (22,303 underlying)
Footnotes (3)
- [F1]Shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a Performance-based Restricted Stock Unit award originally granted on April 22, 2019 (the "2019 Restrictive Award").
- [F2]Shares surrendered for payment of tax liability incident to vesting of the 2019 Restrictive Award.
- [F3]The Employee Stock Option (right to buy) granted on February 10, 2020 have a four year vesting schedule with: 5,576 of the options vesting on the first anniversary date of the grant date; 5,576 of the options vesting on the second anniversary date of the grant date; 5,576 of the options vesting on the third anniversary date of the grant date; and 5,575 of the options vesting on the fourth anniversary date of the grant date.