E. Douglas Jones - Nov 5, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Douglas Jones
Stock symbol
MSM
Transactions as of
Nov 5, 2021
Transactions value $
-$78,610
Form type
4
Date filed
11/9/2021, 12:36 PM
Previous filing
Nov 3, 2021
Next filing
Dec 21, 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 +1.35K +567.65% $0.00 1.59K Nov 6, 2021 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +275 +17.31% $0.00 1.86K Nov 6, 2021 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$41.1K -484 -25.96% $84.96 1.38K Nov 6, 2021 Direct F2, F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +1.38K +99.86% $0.00 2.76K Nov 6, 2021 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +107 +3.89% $0.00 2.87K Nov 6, 2021 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$37.5K -441 -15.4% $84.96 2.42K Nov 6, 2021 Direct F2, F4
holding MSM Class A Common Stock, $0.001 par value 3.46K Nov 5, 2021 By 401(k) Plan

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) Award $0 +3.24K $0.00 3.24K Nov 5, 2021 Class A Common Stock, $0.001 par value 3.24K Direct F1, F5
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1.35K -33.33% $0.00 2.7K Nov 6, 2021 Class A Common Stock, $0.001 par value 1.35K Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -275 -15.1% $0.00 1.55K Nov 6, 2021 Class A Common Stock, $0.001 par value 275 Direct F3
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1.38K -24.99% $0.00 4.14K Nov 6, 2021 Class A Common Stock, $0.001 par value 1.38K Direct F1, F7
transaction MSM Dividend Equivalent Units Options Exercise $0 -107 -6.95% $0.00 1.44K Nov 6, 2021 Class A Common Stock, $0.001 par value 107 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 3,236 RSUs were granted on November 5, 2021. 809 RSUs vest on each of November 5, 2022, November 5, 2023, November 5, 2024 and November 5, 2025, 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 1,351 of 5,404 RSUs granted on November 6, 2019 vested on each of November 6, 2020 and November 6, 2021. 1,351 RSUs vest on each of November 6, 2022 and November 6, 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.
F7 1,378 of 5,515 RSUs granted on November 6, 2020 vested on November 6, 2021. 1,379 RSUs vest on each of November 6, 2022, November 6, 2023 and November 6, 2024, 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.