Kari Heerdt - Nov 6, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP, New Business Innovation
Signature
/s/ Kari Heerdt
Stock symbol
MSM
Transactions as of
Nov 6, 2021
Transactions value $
-$57,168
Form type
4
Date filed
11/9/2021, 09:16 AM
Previous filing
Oct 28, 2021
Next filing
Nov 10, 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 +982 +7.87% $0.00 13.5K Nov 6, 2021 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +200 +1.48% $0.00 13.7K Nov 6, 2021 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$29.9K -352 -2.58% $84.96 13.3K Nov 6, 2021 Direct F2, F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +1K +7.53% $0.00 14.3K Nov 6, 2021 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +78.1 +0.55% $0.00 14.4K Nov 6, 2021 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$27.3K -321 -2.23% $84.96 14.1K Nov 6, 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 -982 -49.97% $0.00 983 Nov 6, 2021 Class A Common Stock, $0.001 par value 982 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -200 -23.85% $0.00 638 Nov 6, 2021 Class A Common Stock, $0.001 par value 200 Direct F3
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1K -49.98% $0.00 1K Nov 6, 2021 Class A Common Stock, $0.001 par value 1K Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -78.1 -12.24% $0.00 560 Nov 6, 2021 Class A Common Stock, $0.001 par value 78.1 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 982 of 3,930 RSUs granted on November 6, 2019 vested on November 6, 2020 and November 6, 2021. 983 RSUs vest on November 8, 2022, 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.
F6 1,002 of 4,011 RSUs granted on November 6, 2020 vested on November 6, 2021. 1,003 RSUs vest on November 8, 2022, 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.