Filing Details

Accession Number:
0001713754-20-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-14 16:12:03
Reporting Period:
2020-06-05
Accepted Time:
2020-12-14 16:12:03
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
1713754 Barry Litwin C/O Systemax Inc.
11 Harbor Park Drive
Port Washington NY 11050
Chief Executive Officer Yes 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 Disposition 2020-06-05 617 $21.33 58,929 No 5 F Direct
Common Stock Acquisiton 2020-12-10 20,000 $23.14 78,929 No 4 M Direct
Common Stock Disposition 2020-12-10 20,000 $35.78 58,929 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 F Direct
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 2020-12-10 20,000 $0.00 20,000 $23.14
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
80,000 2027-01-07 No 4 M Direct
Footnotes
  1. Shares surrendered for payment of tax liability incident to vesting of prior restricted stock award.
  2. The amount of non-derivative securities beneficially owned following all reported transactions on this Form 4 is 58,929, which includes 24,200 unvested Restricted Stock Units that were granted on January 7, 2019; 28,272 unvested Restricted Stock Units that were granted on January 7, 2020; and 5,740 shares of common stock.
  3. This transaction was executed in multiple trades at prices ranging from $35.67 to $36.09. 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.
  4. On January 7, 2019, the reporting person was granted 100,000 stock options pursuant to the Company's 2010 Long Term Incentive Plan, which vest as follows: 20% of the stock options will vest on the first anniversary of the grant date, 20% will vest on the 2nd anniversary and 10% will vest on each subsequent anniversary of the grant date.