Accession Number: | 0001243716-21-000012 |
Date: | 2021-03-15 |
Issuer: | SYSTEMAX INC (SYX) |
Original Submission Date: |
DOOLEY ROBERT
C/O SYSTEMAX INC.
11 HARBOR PARK DRIVE
PORT WASHINGTON, NY 11050
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-03-15 | M | 10,000 | a | $6.65 | 101,198 | direct | ||
COMMON STOCK | 2021-03-15 | S | 10,000 | d | $37.88 | 91,198 | direct |
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 Exercisable | Expiration 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) | 6.65 | 2021-03-15 | deemed execution date | M | 10,000 (d) | 2026-12-14 | common stock 10,000 | $6.65 | 12,088 | direct |
ID | footnote |
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f1 | this transaction was executed in multiple trades at prices ranging from $37.75 to $38.08. 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. |
f2 | the amount of non-derivative securities beneficially owned following the reported transactions is 91,198, which includes 5,000 unvested restricted stock units that were granted on march 1, 2012 and 86,198 shares of common stock. |
f3 | the employee stock option (right to buy) granted on december 14, 2016 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date. |