Pearlman Paul S bought GIC
June 3, 2024 · Form 4 insider transaction
Pearlman Paul S bought 1,434 shares of Global Industrial Company at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On June 3, 2024 (the date of the Issuer's 2024 Annual Meeting of Stockholders), the reporting person was granted 1,434 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan. Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date"); provided that the reporting person continues to be a director of the Issuer through and on the Vesting Date.; The number of restricted stock units was determined by dividing $50,000 by the closing price per share during the 20 trading days preceding the date of the Issuer's 2024 Annual Meeting of Stockholders (rounded up to the nearest whole number of shares).