Kristen Actis-Grande - Nov 5, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
EVP & Chief Financial Officer
Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Nov 5, 2021
Transactions value $
-$37,502
Form type
4
Date filed
11/9/2021, 04:17 PM
Previous filing
Sep 2, 2021
Next filing
Dec 22, 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 +1.38K +240.07% $0.00 1.95K Nov 6, 2021 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +107 +5.5% $0.00 2.06K Nov 6, 2021 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$37.5K -441 -21.43% $84.96 1.62K 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 +3.83K $0.00 3.83K Nov 5, 2021 Class A Common Stock, $0.001 par value 3.83K Direct F1, F4
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, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -107 -17.68% $0.00 500 Nov 6, 2021 Class A Common Stock, $0.001 par value 107 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 3,825 RSUs were granted on November 5, 2021. 956 RSUs vest on each of November 5, 2022, November 5, 2023 and November 5, 2024, and 957 RSUs vest on 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 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.