Filing Details
- Accession Number:
- 0001689126-18-000009
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-12-17 16:19:16
- Reporting Period:
- 2018-12-13
- Accepted Time:
- 2018-12-17 16:19:16
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 945114 | Systemax Inc | SYX | Wholesale-Industrial Machinery & Equipment (5084) | 113262067 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1689126 | Eugene Thomas Clark | C/O Systemax Inc. 11 Harbor Park Drive Port Washington NY 11050 | Vice President & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-12-13 | 15,000 | $8.32 | 33,534 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-12-13 | 15,000 | $31.02 | 18,534 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2018-12-13 | 15,000 | $0.00 | 15,000 | $8.32 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 35,000 | 2026-11-10 | No | 4 | M | Direct |
Footnotes
- Cashless exercise of 15,000 options and immediate sale of 15,000 shares of common stock through broker of an award granted on November 10, 2016.
- This transaction was executed in multiple trades at prices ranging from $31.00 to $31.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- The amount of non-derivative securities beneficially owned following the transaction on Table I is 18,534, which includes 8,333 unvested Restricted Stock Units that were granted on February 1, 2016 and 10,201 shares of common stock.
- The options vest over a period of four years with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date, which is November 10, 2016.
Billionaire Hedge Funds
