0001216763-19-000006.txt : 20190122
0001216763-19-000006.hdr.sgml : 20190122
20190122160500
ACCESSION NUMBER: 0001216763-19-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190117
FILED AS OF DATE: 20190122
DATE AS OF CHANGE: 20190122
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: REINHOLD LAWRENCE P
CENTRAL INDEX KEY: 0001216763
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13792
FILM NUMBER: 19535430
MAIL ADDRESS:
STREET 1: C/O SYSTEMAX INC.
STREET 2: 11 HARBOR PARK DRIVE
CITY: PORT WASHINGTON
STATE: NY
ZIP: 11050
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SYSTEMAX INC
CENTRAL INDEX KEY: 0000945114
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084]
IRS NUMBER: 113262067
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11 HARBOR PARK DR
CITY: PORT WASHINGTON
STATE: NY
ZIP: 11050
BUSINESS PHONE: 5166087000
MAIL ADDRESS:
STREET 1: 11 HARBOR PARK DRIVE
CITY: PORT WASHINGTON
STATE: NY
ZIP: 11050
FORMER COMPANY:
FORMER CONFORMED NAME: GLOBAL DIRECTMAIL CORP
DATE OF NAME CHANGE: 19950509
4
1
wf-form4_154819108378086.xml
FORM 4
X0306
4
2019-01-17
0
0000945114
SYSTEMAX INC
SYX
0001216763
REINHOLD LAWRENCE P
C/O SYSTEMAX INC.
11 HARBOR PARK DRIVE
PORT WASHINGTON
NY
11050
1
0
0
0
Employee Stock Option (right to buy)
13.19
2019-01-17
4
D
0
50000
0
D
2019-05-18
Common Stock
50000.0
0
D
Employee Stock Option (right to buy)
10.89
2019-01-17
4
A
0
50000
0
A
2019-05-18
Common Stock
50000.0
50000
D
Employee Stock Option (right to buy)
14.3
2019-01-17
4
D
0
50000
0
D
2021-11-14
Common Stock
50000.0
0
D
Employee Stock Option (right to buy)
12.0
2019-01-17
4
A
0
50000
0
A
2021-11-14
Common Stock
50000.0
50000
D
Employee Stock Option (right to buy)
8.31
2019-01-17
4
D
0
25000
0
D
2026-02-01
Common Stock
25000.0
0
D
Employee Stock Option (right to buy)
6.01
2019-01-17
4
A
0
25000
0
A
2026-02-01
Common Stock
25000.0
25000
D
Employee Stock Option (right to buy)
8.95
2019-01-17
4
D
0
100000
0
D
2026-12-14
Common Stock
100000.0
0
D
Employee Stock Option (right to buy)
6.65
2019-01-17
4
A
0
100000
0
A
2026-12-14
Common Stock
100000.0
100000
D
The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") that became effective on January 17, 2019 and are being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934. Pursuant to the Option Repricing, the exercise price of the Employee Stock Option (right to buy) has been amended to reduce such exercise price by $2.30. There have been no other changes to the terms of the Employee Stock Option (right to buy). The Option Repricing was related to a special dividend declared in December 2018.
The options granted on May 18, 2009 had a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
The options granted on November 14, 2011 had a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
The options granted on February 1, 2016 had a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
The options granted on December 14, 2016 had a four year vesting schedule with 25% of the options vesting on the first, second, third and fourth anniversary dates of the grant date.
/s/ Lawrence Reinhold
2019-01-21