Rudina Seseri - 08 Sep 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
Director
Signature
/s/ Rudina Seseri
Issuer symbol
MSM
Transactions as of
08 Sep 2021
Net transactions value
$0
Form type
4
Filing time
10 Sep 2021, 14:24:23 UTC
Previous filing
23 Aug 2021
Next filing
28 Jan 2022
SEC
View on sec.gov

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 $0.000000 361 08 Sep 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +28 +7.8% $0.000000 389 08 Sep 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 -50% $0.000000 362 08 Sep 2021 Class A Common Stock, $0.001 par value 361 Direct F1, F3
transaction MSM Dividend Equivalent Units Options Exercise $0 -28 -35% $0.000000 53 08 Sep 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.