secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2022-07-06T23:59:59+00:00
Accession:  0000945114-22-000055
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Global Industrial grants CEO Barry Litwin $1M RSU award; 30,003 units vest over four years
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- Board and Compensation Committee approved $1,000,000 RSU grant to CEO Barry Litwin on July 1, 2022.
- Award consists of 30,003 restricted stock units under the 2020 Omnibus Long-Term Incentive Plan.
- 20% of RSUs vested on grant date; remaining 20% vests annually on each of the next four anniversaries.
- Vesting subject to continuous employment; accelerated vesting per award agreement terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511422000055/0000945114-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511422000055/gic-20220701.htm
  HTML page:      https://secwatch.observer/filing/0000945114-22-000055

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