Elizabeth Bledsoe - 05 Nov 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP & Chief People Officer
Signature
/s/ Elizabeth Bledsoe
Issuer symbol
MSM
Transactions as of
05 Nov 2021
Net transactions value
-$21,510
Form type
4
Filing time
09 Nov 2021, 12:49:28 UTC
Previous filing
28 Oct 2021
Next filing
05 Jan 2022
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 +368 +30% $0.000000 1,589 06 Nov 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +75 +4.7% $0.000000 1,664 06 Nov 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $11,204 -132 -7.9% $84.96 1,532 06 Nov 2021 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +376 +25% $0.000000 1,908 06 Nov 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +29 +1.5% $0.000000 1,937 06 Nov 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $10,306 -121 -6.3% $84.96 1,816 06 Nov 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 +1,912 $0.000000 1,912 05 Nov 2021 Class A Common Stock, $0.001 par value 1,912 Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -368 -33% $0.000000 738 06 Nov 2021 Class A Common Stock, $0.001 par value 368 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -75 -19% $0.000000 314 06 Nov 2021 Class A Common Stock, $0.001 par value 75 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -376 -25% $0.000000 1,128 06 Nov 2021 Class A Common Stock, $0.001 par value 376 Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -29 -9.3% $0.000000 285 06 Nov 2021 Class A Common Stock, $0.001 par value 29 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.