Litwin Barry 4
4 · SYSTEMAX INC · Filed Feb 23, 2021
Insider Transaction Report
Form 4
SYSTEMAX INCSYX
Litwin Barry
Director
Transactions
- Award
Common Stock
2021-02-21+3,396→ 78,311 total - Award
Employee Stock Option (right to buy)
2021-02-21+8,465→ 8,465 totalExercise: $44.17Exp: 2031-02-21→ Common Stock (8,465 underlying)
Footnotes (3)
- [F1]On February 21, 2021, the reporting person was granted 3,396 restricted stock units pursuant to the Company's 2020 Omnibus Long-Term Incentive Plan, which vest in four installments: 849 units on February 21, 2022; 849 units on February 21, 2023; 849 units on February 21, 2024 and 849 units on February 21, 2025.
- [F2]The amount of non-derivative securities beneficially owned is 78,311, which includes 18,149 unvested Restricted Stock Units that were granted on January 7, 2019; 21,204 unvested Restricted Stock Units that were granted on January 7, 2020; 18,752 unvested Restricted Stock Units that were granted on January 7, 2021; 3,396 unvested Restricted Stock Units that were granted on February 21, 2021;and 16,810 shares of common stock.
- [F3]The Employee Stock Option (right to buy) granted on February 21, 2021 have a four year vesting schedule with 2,117 vesting on the first anniversary date of the grant date; 2,116 vesting on the second anniversary date of the grant date; 2,116 vesting on the third anniversary date of the grant date; and 2,116 vesting on the fourth anniversary date of the grant date.