[Form 4] Global Industrial Company Insider Trading Activity
Insider Trade Summary
Exercise and Sale: 10,000 shares ($272K approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Clark Thomas Eugene
Role
SVP & Chief Financial Officer
Sold
10,000 shs ($333K)
Approx. gross sale proceeds
$333K
Approx. exercise cost
$60K
Approx. pre-tax spread
$272K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,500 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,500 | $6.01 | $15K |
| Exercise | Common Stock | 7,500 | $6.02 | $45K |
| Sale | Common Stock | 10,000 | $33.2674 | $333K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 17,500 contracts (Direct);
Common Stock — 69,950 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $33.01 to $33.60, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F2. The Employee Stock Option (right to buy) granted on February 1, 2016 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.
- F3. The Employee Stock Option (right to buy) granted on November 10, 2016 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.