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

Role: President and CEO, Director
Signature: /s/ Erik Gershwind
Issuer symbol: MSM
Transactions as of: 05 Nov 2021
Net transactions value: -$111
Form type: 4
Filing time: 09 Nov 2021, 16:19:54 UTC
Previous filing: 28 Oct 2021
Next filing: 18 Nov 2021
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	+7,984	+2.7%	$0.000000	299,217	06 Nov 2021	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+1,624	+0.54%	$0.000000	300,841	06 Nov 2021	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$26.68	-0	-0%	$84.96	300,841	06 Nov 2021	Direct	F3
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+8,147	+2.7%	$0.000000	308,988	06 Nov 2021	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+635	+0.21%	$0.000000	309,623	06 Nov 2021	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$84.11	-1	-0%	$84.96	309,622	06 Nov 2021	Direct	F3
holding	MSM	Class A Common Stock, $0.001 par value						162,457	05 Nov 2021	See Footnote	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)	Award	$0	+19,126		$0.000000	19,126	05 Nov 2021	Class A Common Stock, $0.001 par value	19,126		Direct	F1, F5
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-7,984	-33%	$0.000000	15,969	06 Nov 2021	Class A Common Stock, $0.001 par value	7,984		Direct	F1, F6
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-1,624	-17%	$0.000000	8,168	06 Nov 2021	Class A Common Stock, $0.001 par value	1,624		Direct	F2
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-8,147	-25%	$0.000000	24,444	06 Nov 2021	Class A Common Stock, $0.001 par value	8,147		Direct	F1, F7
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-635	-7.8%	$0.000000	7,533	06 Nov 2021	Class A Common Stock, $0.001 par value	635		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 partially cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F4	Represents shares of Class A Common Stock held by a trust, the beneficiaries of which are family members of the Reporting Person. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trust, except to the extent of his pecuniary interest therein.
F5	19,126 RSUs were granted on November 5, 2021. 4,781 RSUs vest on each of November 5, 2022 and November 5, 2023, and 4,782 RSUs vest on each of 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	7,984 of 31,937 RSUs granted on November 6, 2019 vested on each of November 6, 2020 and November 6, 2021. 7,984 RSUs vest on November 6, 2022, and 7,985 RSUs vest on 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	8,147 of 32,591 RSUs granted on November 6, 2020 vested on November 6, 2021. 8,148 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.