Elizabeth Bledsoe - Nov 5, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Elizabeth Bledsoe
Stock symbol
MSM
Transactions as of
Nov 5, 2021
Transactions value $
-$21,510
Form type
4
Date filed
11/9/2021, 12:49 PM
Previous filing
Oct 28, 2021
Next filing
Jan 5, 2022

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 +368 +30.14% $0.00 1.59K Nov 6, 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +74.9 +4.71% $0.00 1.66K Nov 6, 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$11.2K -132 -7.93% $84.96 1.53K Nov 6, 2021 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +376 +24.54% $0.00 1.91K Nov 6, 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +29.3 +1.54% $0.00 1.94K Nov 6, 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$10.3K -121 -6.26% $84.96 1.82K Nov 6, 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) Award $0 +1.91K $0.00 1.91K Nov 5, 2021 Class A Common Stock, $0.001 par value 1.91K Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -368 -33.27% $0.00 738 Nov 6, 2021 Class A Common Stock, $0.001 par value 368 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -74.9 -19.25% $0.00 314 Nov 6, 2021 Class A Common Stock, $0.001 par value 74.9 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -376 -25% $0.00 1.13K Nov 6, 2021 Class A Common Stock, $0.001 par value 376 Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -29.3 -9.32% $0.00 285 Nov 6, 2021 Class A Common Stock, $0.001 par value 29.3 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 1,912 RSUs were granted on November 5, 2021. 478 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.
F5 368 of 1,474 RSUs granted on November 6, 2019 vested on November 6, 2020 and November 6, 2021. 369 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.
F6 376 of 1,504 RSUs granted on November 6, 2020 vested on November 6, 2021. 376 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.