Mitchell Jacobson - 04 Oct 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: MSM
Reported as of: 04 Oct 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Oct 2023, 08:42:39 UTC
Prior SEC filing: 28 Dec 2022
Next SEC filing: 24 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Mitchell Jacobson

Key filing fact

Mitchell Jacobson filed Form 4 for MSC INDUSTRIAL DIRECT CO INC (MSM) on 05 Oct 2023.

Key facts

This page summarizes Mitchell Jacobson's Form 4 filing for MSC INDUSTRIAL DIRECT CO INC (MSM).
6 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 05 Oct 2023, 08:42.

Change

Previous filing in this sequence was filed on 28 Dec 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MSM transaction

Class A Common Stock

Award

Transaction value
Shares: +1,739,007
Change %: +867%
Price
Shares after: 1,939,524
Date: 04 Oct 2023
Ownership: Direct
Footnotes: F1

MSM transaction

Class A Common Stock

Award

Transaction value
Shares: +3,182,213
Change %
Price
Shares after: 3,182,213
Date: 04 Oct 2023
Ownership: See footnotes
Footnotes: F1, F2, F3

MSM transaction

Class A Common Stock

Award

Transaction value
Shares: +2,907,454
Change %
Price
Shares after: 2,907,454
Date: 04 Oct 2023
Ownership: See footnotes
Footnotes: F1, F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MSM transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
Shares: -1,419,598
Change %: -100%
Price
Shares after: 0
Date: 04 Oct 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,739,007
Exercise price
Footnotes: F1

MSM transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
Shares: -2,597,727
Change %: -100%
Price
Shares after: 0
Date: 04 Oct 2023
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 3,182,213
Exercise price
Footnotes: F1, F2, F3

MSM transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
Shares: -2,373,433
Change %: -100%
Price
Shares after: 0
Date: 04 Oct 2023
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 2,907,454
Exercise price
Footnotes: F1, F2, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person.

Footnote F2

The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.

Footnote F3

Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the settlor, sole annuitant and trustee, and other trusts over whose portfolio securities the Reporting Person exercises voting or dispositive power.

Footnote F4

Represents shares held by trusts of which the Reporting Person is the settlor and over whose trustees the Reporting Person can exercise remove and replace powers.