<SEC-DOCUMENT>0001243717-21-000002.txt : 20211216
<SEC-HEADER>0001243717-21-000002.hdr.sgml : 20211216
<ACCEPTANCE-DATETIME>20211216195820
ACCESSION NUMBER:		0001243717-21-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211214
FILED AS OF DATE:		20211216
DATE AS OF CHANGE:		20211216

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LEEDS RICHARD
		CENTRAL INDEX KEY:			0001243717

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13792
		FILM NUMBER:		211499227

	MAIL ADDRESS:	
		STREET 1:		C/O SYSTEMAX INC.
		STREET 2:		11 HARBOR PARK DRIVE
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLOBAL INDUSTRIAL Co
		CENTRAL INDEX KEY:			0000945114
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084]
		IRS NUMBER:				113262067
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		11 HARBOR PARK DRIVE
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050
		BUSINESS PHONE:		5166087000

	MAIL ADDRESS:	
		STREET 1:		11 HARBOR PARK DRIVE
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SYSTEMAX INC
		DATE OF NAME CHANGE:	19990622

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GLOBAL DIRECTMAIL CORP
		DATE OF NAME CHANGE:	19950509
</SEC-HEADER>
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<SEQUENCE>1
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<DESCRIPTION>FORM 4
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        <issuerName>GLOBAL INDUSTRIAL Co</issuerName>
        <issuerTradingSymbol>GIC</issuerTradingSymbol>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243717</rptOwnerCik>
            <rptOwnerName>LEEDS RICHARD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GLOBAL INDUSTRIAL COMPANY</rptOwnerStreet1>
            <rptOwnerStreet2>11 HARBOR PARK DRIVE</rptOwnerStreet2>
            <rptOwnerCity>PORT WASHINGTON</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>11050</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Executive Chairman</officerTitle>
            <otherText></otherText>
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                <value>Common Stock</value>
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                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
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                <sharesOwnedFollowingTransaction>
                    <value>1639009</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Trusts, as noted in Footnote No. 7</value>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Trusts, as noted in Footnote No. 8</value>
                    <footnoteId id="F8"/>
                    <footnoteId id="F9"/>
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            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>994233</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Partnerships</value>
                    <footnoteId id="F10"/>
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        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
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                <sharesOwnedFollowingTransaction>
                    <value>1414</value>
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                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By LLC</value>
                    <footnoteId id="F11"/>
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        </nonDerivativeHolding>
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    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="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 &quot;2008 Trusts&quot;) 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.</footnote>
        <footnote id="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</footnote>
        <footnote id="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 &quot;2021 Trusts&quot;).</footnote>
        <footnote id="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.</footnote>
        <footnote id="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;</footnote>
        <footnote id="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.</footnote>
        <footnote id="F7">Includes: 1,104,457 shares owned by the Richard Leeds 2020 GRAT #2, a trust for the benefit of Mr. Leeds and of which Mr. Leeds is the trustee; and 534,552 shares owned by the Richard Leeds 2020 GRAT,  a trust for the benefit of Mr. Leeds and of which Mr. Leeds is the trustee.</footnote>
        <footnote id="F8">Includes, an aggregate of  1,026,635 shares owned by trusts for the benefit of reporting person's family for which Mr. Leeds acts as trustee or co-trustee: 20,057 shares owned by the Bruce Leeds 2011 Family Trust; 18,358 shares owned by the Robert Leeds 2011 Family Trust, 440,557 shares owned by the Bruce Leeds Irrevocable Trust; 440,557 shares owned by the Robert Leeds Irrevocable Trust; 23,554 shares owned by the Trust UWO Michael Leeds FBO Bruce Leeds; 12,500 shares owned by the Brandon Leeds 2010 Grantor Trust UA DTD 8/24/2010; 12,500 shares owned by the Hallie Leeds 2020 Trust UA DTD 12/22/2020; 12,500 shares owned by the Jordan Leeds 2016 Trust UA DTD 1/22/2016; 12,500 shares owned by the Kasey Leeds 2012 Trust UA DTD 11/19/2012; 5,840 shares owned by the Paul Leeds Marital TrU/A DTD 10/24/2006 FBO Roberta Leeds; 2,080 shares owned by the Paul Leeds Gst Tr U/A DTD 10/24/2006 FBO Nancy Leeds; and 2,080 shares owned by the Paul Leeds Gst Tr U/A DTD 10/24/2006 FBO David Leeds.</footnote>
        <footnote id="F9">Mr. Leeds disclaims beneficial ownership of all such shares described in this footnote except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F10">Includes, 519,800 shares owned by Aspire Partners L.P., the general partner of which is limited liability company equally owned by Mr. Leeds and two other members; 238,583 shares owned by Generation Partners, L.P., the general partner of which is limited liability company equally owned by Mr. Leeds and two other members; and 235,850 shares owned by GML Partners LP, of which a limited liability company controlled by Mr. Leeds is a general partner. Mr. Leeds disclaims beneficial ownership of all such shares described in this footnote except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F11">Shares owned by 2nd Generation Partners LLC, a limited liability company equally owned by Mr. Leeds and two other members. Mr. Leeds disclaims beneficial ownership of all such shares described in this footnote except to the extent of his pecuniary interest therein.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Richard Leeds</signatureName>
        <signatureDate>2021-12-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
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