Edward F. Martin Jr - Jun 29, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP, Sales & Customer Success
Signature
/s/ Edward F Martin Jr
Stock symbol
MSM
Transactions as of
Jun 29, 2021
Transactions value $
-$26,436
Form type
4
Date filed
6/29/2021, 12:53 PM
Next filing
Jul 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +828 $0.00 828 Jun 25, 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +171 +20.63% $0.00 999 Jun 25, 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$26.4K -294 -29.42% $89.96 705 Jun 25, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSM Dividend Equivalent Units Award $0 +103 +12.63% $0.00 916 Nov 24, 2020 Class A Common Stock, $0.001 par value 103 Direct F2
transaction MSM Dividend Equivalent Units Award $0 +498 +54.35% $0.00 1.41K Dec 15, 2020 Class A Common Stock, $0.001 par value 498 Direct F2
transaction MSM Dividend Equivalent Units Award $0 +118 +8.32% $0.00 1.53K Jan 26, 2021 Class A Common Stock, $0.001 par value 118 Direct F2
transaction MSM Dividend Equivalent Units Award $0 +103 +6.76% $0.00 1.64K Apr 27, 2021 Class A Common Stock, $0.001 par value 103 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -828 -24.98% $0.00 2.49K Jun 25, 2021 Class A Common Stock, $0.001 par value 828 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -171 -10.45% $0.00 1.46K Jun 25, 2021 Class A Common Stock, $0.001 par value 171 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of Common Stock.
F2 The dividend equivalent units accrued with respect to outstanding awards of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
F3 Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F4 828 RSUs of 4,143 RSUs granted on June 25, 2019 vested on June 25, 2020 and June 25, 2021. The remaining three tranches, each containing 829 RSUs, vest on June 25, 2022, June 25, 2023 and June 25, 2024, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.