REINHOLD LAWRENCE P 4
4 · SYSTEMAX INC · Filed Dec 17, 2019
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
REINHOLD LAWRENCE P
DirectorExecutive VP and CFO
Transactions
- Exercise/Conversion
Common Stock
2019-12-16$6.65/sh+41,303$274,665→ 202,335 total - Sale
Common Stock
2019-12-16$25.00/sh−41,303$1,032,575→ 161,032 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-12-16−41,303→ 58,469 totalExercise: $6.65Exp: 2026-12-14→ Common Stock (41,303 underlying)
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by this reporting person. Cashless exercise of 41,303 options and immediate sale of 41,303 shares of common stock throughbroker of an award granted on granted on December 14, 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]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.