Form 4 for GIC GLOBAL INDUSTRIAL Co
Accepted 2021-12-16 00:00:00 ET · period of report 2021-12-14 · accession 0001243713-21-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-12-16 | 2021-12-16 | GIC | LEEDS BRUCE | Vice COB, Dir, 10% | P - Purchase | $32.37 | +775.6K | 775.6K | New | +$25.11M |
| MI | 2021-12-16 | 2021-12-14+ | GIC | LEEDS BRUCE | Vice COB, Dir, 10% | G - Gift | $0.00 | -3.88M | 1.08M | -78% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-16 | P | A | 775,599 | $32.37 | 775,599 | I By 2021 Trusts | — | — | (F5) These shares were purchased as follows: (i) 258,533 shares purchased from Jamie Lynn Meltsner by the Jamie Lynn Meltsner 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (ii) 258,533 shares purchased from from Stacey Leeds Cohen by the Stacey Leeds Cohen 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; and (iii) 258,533 shares purchased from Steven Leeds by the Steven Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14. (F4) Shares are owned by each of the 2021 Trusts for the benefit of the reporting person's family, for which the reporting person acts as co-trustee. Mr. Leeds disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2021-12-14 | G | D | 4,960,000 | $0.00 | 4,645,802 | I By 2008 Trusts | — | — | (F1) These shares were distributed, for no consideration, by each of the Richard Leeds 2008 Family Trust and the Robert Leeds 2008 Family Trust (collectively, the "2008 Trusts") to the beneficiaries of each of the 2008 Trusts, as follows: (i) 620,000 shares to Brandon Leeds, as a beneficiary of the Richard Leeds 2008 Family Trust; (ii) 620,000 shares to Hallie Leeds, as a beneficiary of the Richard Leeds 2008 Family Trust; (iii) 620,000 shares to Jordan Leeds, as a beneficiary of the Richard Leeds 2008 Family Trust; (iv) 620,000 shares to Kasey Leeds, as a beneficiary of the Richard Leeds 2008 Family Trust; (v) 620,000 shares to Andrew Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust; (vi) 620,000 shares to Alex Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust; (vii) 620,000 shares to Jessica Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust; and (viii) 620,000 shares to Matthew Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust. (F2) Shares are owned by each of the 2008 Trusts for the benefit of the reporting person's family, for which the reporting person acts as co-trustee. Mr. Leeds disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 3 | Common | Common Stock | 2021-12-16 | G | A | 1,084,401 | $0.00 | 1,084,401 | I By 2021 Trusts | — | — | (F3) The transaction is the receipt of a gift of shares, as follows: (i) 361,467 shares gifted from Jamie Lynn Meltsner to the Jamie Lynn Meltsner 2021 Trust; (ii) 361,467 shares gifted from Stacey Leeds Cohen to the Stacey Leeds Cohen 2021 Trust; and (iii) 361,467 shares gifted from Steven Leeds to the Steven Leeds 2021 Trust (collectively, all of the trusts described in footnote 3(i)-3(iii), the "2021 Trusts"). (F4) Shares are owned by each of the 2021 Trusts for the benefit of the reporting person's family, for which the reporting person acts as co-trustee. Mr. Leeds disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |