Form Type: 4

SEC EDGAR Link
Accession Number:0001549062-21-000002
Date:2021-02-21
Issuer: SYSTEMAX INC (SYX)
Original Submission Date:

Reporting Person:

LERNER ERIC
C/O SYSTEMAX INC.
11 HARBOR PARK DRIVE PORT WASHINGTON, NY 11050

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-02-21 A 4,701 a $0.00 21,287 direct
COMMON STOCK 2021-02-21 F 2,429 d $44.17 18,858 direct
COMMON STOCK 2021-02-21 A 1,082 a $0.00 19,940 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 44.17 2021-02-21 deemed execution date A 3,821 (a) 2031-02-21 common stock 3,821 $44.17 3,821 direct
Footnotes
IDfootnote
f1 shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a performance-based restricted stock unit award originally granted on january 17, 2019 (the "2019 restrictive award").
f2 shares surrendered for payment of tax liability incident to vesting of the 2019 restrictive award.
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-based restricted stock unit award originally granted on february 21, 2020.
f4 the employee stock option (right to buy) granted on february 21, 2021 have a four year vesting schedule with 956 vesting on the first anniversary date of the grant date; 955 vesting on the second anniversary date of the grant date; 955 vesting on the third anniversary date of the grant date; and 955 vesting on the fourth anniversary date of the grant date.
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