Werner Klaus 4
4 · GLOBAL INDUSTRIAL Co · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Werner Klaus
SVP & Chief Marketing Officer
Transactions
- Award
Common Stock
2023-02-21+471→ 10,392 total - Award
Common Stock
2023-02-21+702→ 11,094 total - Award
Employee Stock Option (right to buy)
2023-02-21+4,869→ 4,869 totalExercise: $28.99Exp: 2033-02-21→ Common Stock (4,869 underlying) - Award
Common Stock
2023-02-21+1,897→ 12,991 total - Award
Common Stock
2023-02-21+863→ 9,921 total
Footnotes (5)
- [F1]Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance Restricted Stock Unit award originallygranted on February 21, 2020.
- [F2]Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance Restricted Stock Unit award originallygranted on February 21, 2021.
- [F3]Shares of common stock issued upon vesting of performance-based restricted stock units (subject to deferred delivery) in accordance with the terms of a Performance Restricted Stock Unit award originallygranted on February 13, 2022.
- [F4]On February 21, 2023, the reporting person was granted 1,897 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan with 25% of the restricted stock units vesting on the first, second, third, and fourth anniversary of the grant date.
- [F5]The Employee Stock Option (right to buy) granted on February 21, 2023 vest over a period of four years with 25% of the options vesting on the first, second, third, and fourth anniversary of the grant date.