Form 4 for GIC GLOBAL INDUSTRIAL Co

Accepted 2021-12-16 00:00:00 ET · period of report 2021-12-14 · accession 0001243717-21-000002 · 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
MI	2021-12-16	2021-12-14+	GIC	LEEDS RICHARD	Executive COB, Dir, 10%	G - Gift	$0.00	-1.45M	2.89M	-33%	$0
I	2021-12-16	2021-12-16	GIC	LEEDS RICHARD	Executive COB, Dir, 10%	P - Purchase	$32.37	+2.07M	2.07M	New	+$66.95M

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	2021-12-14	G	D	4,340,000	$0.00	5,284,771	I By 2008 Trusts	—	—	(F1) These shares were distributed, for no consideration, by each of the Bruce 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 Jamie Lynn Meltsner, as a beneficiary of the Bruce Leeds 2008 Family Trust; (ii) 620,000 shares to Stacey Leeds Cohen, as a beneficiary of the Bruce Leeds 2008 Family Trust; (iii) 620,000 shares to Steven Leeds, as a beneficiary of the Bruce Leeds 2008 Family Trust; (iv) 620,000 shares to Andrew Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust; (v) 620,000 shares to Alex Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust; (vi) 620,000 shares to Jessica Leeds, as a beneficiary of the Robert Leeds 2008 Family Trust; and (vii) 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
2	Common	Common Stock	2021-12-16	P	A	2,068,264	$32.37	2,068,264	I By 2021 Trusts	—	—	(F5) These shares were purchased as follows [as described in this footnote and in footnote 6]: (i) 258,533 shares purchased from Alex Leeds by the Alex Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (ii) 258,533 shares purchased from Andrew Leeds by the Andrew Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (iii) 258,533 shares purchased from Brandon Leeds by the Brandon Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (iv) 258,533 shares purchased from Hallie Leeds by the Hallie Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14;(v) 258,533 shares purchased from Jessica Rosen by the Jessica Rosen 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (F6) [continuation of footnote 5] (vi) 258,533 shares purchased from Jordan Leeds by the Jordan Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (vii) 258,533 shares purchased from Kasey Leeds by the Kasey Leeds 2021 Trust in exchange for an unsecured promissory note in the amount of $8,368,196.14; (viii) 258,533 shares purchased from Matthew Leeds by the Matthew 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.
3	Common	Common Stock	2021-12-16	G	A	2,891,736	$0.00	2,891,736	I By 2021 Trusts	—	—	(F3) The transaction is the receipt of a gift of shares, as follows: (i) 361,467 shares gifted from Alex Leeds to the Alex Leeds 2021 Trust; (ii) 361,467 shares gifted from Andrew Leeds to the Andrew Leeds 2021 Trust; (iii) 361,467 shares gifted from Brandon Leeds to the Brandon Leeds 2021 Trust; (iv) 361,467 shares gifted from Hallie Leeds to the Hallie Leeds 2021 Trust; (v) 361,467 shares gifted from Jessica Rosen to the Jessica Rosen 2021 Trust; (vi) 361,467 shares gifted from Jordan Leeds to the Jordan Leeds 2021 Trust; (vii) 361,467 shares gifted from Kasey Leeds to the Kasey Leeds 2021 Trust; and (viii) 361,467 shares gifted from Matthew Leeds to the Matthew Leeds 2021 Trust (collectively, all of the trusts described in footnote 3(i)-3(viii), 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.