Elizabeth Bledsoe - Oct 17, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP & Chief People Officer
Signature
/s/ Elizabeth Bledsoe
Stock symbol
MSM
Transactions as of
Oct 17, 2021
Transactions value $
-$1,892
Form type
4
Date filed
10/19/2021, 01:47 PM
Previous filing
Aug 6, 2021
Next filing
Oct 22, 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 +59 +5.61% $0.00 1.11K Oct 17, 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +14.4 +1.3% $0.00 1.12K Oct 17, 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$1.89K -22.4 -1.99% $84.43 1.1K Oct 17, 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 Restricted Stock Units (RSU) Options Exercise $0 -59 -32.96% $0.00 120 Oct 17, 2021 Class A Common Stock, $0.001 par value 59 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -14.4 -3.27% $0.00 427 Oct 17, 2021 Class A Common Stock, $0.001 par value 14.4 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 59 of 297 RSUs granted on October 17, 2018 vested on each of October 17, 2019, October 17, 2020, and October 17, 2021. 60 RSUs vest on each of October 17, 2022, and October 17, 2023, 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.