Form Type: 4

SEC EDGAR Link
Acccession Number:0001615469-20-000004
Date:2020-02-10
Issuer: SYSTEMAX INC (SYX)
Original Submission Date:

Reporting Person:

SHETTY MANOJ
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 2020-02-10 A 1,779 a $0.00 2,984 direct
COMMON STOCK 2020-02-10 F 699 d $23.65 2,285 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) 23.65 2020-02-10 deemed execution date A 10,174 (a) 2030-02-10 common stock 10,174 $23.65 10,174 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 the employee stock option (right to buy) granted on february 10, 2020 have a four year vesting schedule with: 2,544 of the options vesting on the first anniversary date of the grant date; 2,544 of the options vesting on the second anniversary date of the grant date; 2,543 of the options vesting on the third anniversary date of the grant date; and 2,543 of the options vesting on the fourth anniversary date of the grant date.

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