Kari D. Heerdt - 26 Oct 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP, New Business Innovation
Signature
/s/ Kari Heerdt
Issuer symbol
MSM
Transactions as of
26 Oct 2021
Net transactions value
-$19,658
Form type
4
Filing time
28 Oct 2021, 17:18:25 UTC
Previous filing
22 Oct 2021
Next filing
09 Nov 2021
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 +620 +5.2% $0.000000 12,527 26 Oct 2021 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +188 +1.5% $0.000000 12,715 26 Oct 2021 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability $19,658 -240 -1.9% $81.90 12,475 26 Oct 2021 Direct F2, F4

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 -620 -100% $0.000000* 0 26 Oct 2021 Class A Common Stock, $0.001 par value 620 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -188 -18% $0.000000 838 26 Oct 2021 Class A Common Stock, $0.001 par value 188 Direct F3
* 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 Includes shares acquired under the company's Associate Stock Purchase Plan.
F3 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.
F4 Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F5 619 of 3,096 RSUs granted on October 26, 2016 vested on each of October 26, 2017, October 26, 2018, October 26, 2019, and October 26, 2020, and 620 RSUs vested on October 26, 2021.