Rudina Seseri - Sep 8, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
Director
Signature
/s/ Rudina Seseri
Stock symbol
MSM
Transactions as of
Sep 8, 2021
Transactions value $
$0
Form type
4
Date filed
9/10/2021, 02:24 PM
Previous filing
Aug 23, 2021
Next filing
Jan 28, 2022

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 +361 $0.00 361 Sep 8, 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +28 +7.76% $0.00 389 Sep 8, 2021 Direct F2

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 Restricted Stock Units (RSU) Options Exercise $0 -361 -49.93% $0.00 362 Sep 8, 2021 Class A Common Stock, $0.001 par value 361 Direct F1, F3
transaction MSM Dividend Equivalent Units Options Exercise $0 -28 -34.57% $0.00 53 Sep 8, 2021 Class A Common Stock, $0.001 par value 28 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 361 of 723 RSUs granted on September 8, 2020 vested on September 8, 2021. The remaining tranche containing 362 RSUs will vest on September 8, 2022 provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.